tag:blogger.com,1999:blog-2826531655042170344.post5976687483171615211..comments2024-03-26T11:29:52.986+00:00Comments on Economic Incentives: 2010 Exchequer ReturnsSeamushttp://www.blogger.com/profile/15679299530222667673noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2826531655042170344.post-29349894283999220932011-01-11T16:35:07.885+00:002011-01-11T16:35:07.885+00:00Hi Tumbrel,
The usual analysis of tax revenues re...Hi Tumbrel,<br /><br />The usual analysis of tax revenues relative to DoF targets is pretty useless. Those targets are not real numbers. You are right, though, that there was a bit of a turnaround in December after three months of positive comparisons to the same month of the previous year. <br /><br />These comparisons will become less meaningful in 2011 as the tax changes announced in the Budget come into force. This will be particularly true for Income Tax (and total tax revenue) as the changes were concentrated here. We don't get monthly PRSI figures so the effect of those changes will be largely hidden. However, for the other tax heads the changes were minor so it will be interesting to see how VAT, Excise, Corporation Tax and the rest perform relative to the 2010 levels.Seamushttps://www.blogger.com/profile/15679299530222667673noreply@blogger.comtag:blogger.com,1999:blog-2826531655042170344.post-8638808103140845862011-01-11T14:01:08.680+00:002011-01-11T14:01:08.680+00:00This is first time that I seen the month tax retur...This is first time that I seen the month tax returns in this format together with their prior year comparison.<br /><br />After a positive few months, Dec 2010 looks to have taken a real turn for the worse.Joseph Ryanhttps://www.blogger.com/profile/07581632829548894401noreply@blogger.com