| |
List of Tables |
| |
|
| Table 1 |
Summary of Current and Capital Budgets, 2003 to 2006 |
| Notes to Table 1 |
Notes to Table 1 |
| Table 2 |
Explanation of net difference between the Exchequer Balance and the General Government Balance |
| Table 3 |
Current Receipts 2003 to 2006 |
| Table 4 |
Summary of adjustments to 2004 Gross Current Expenditure |
| Table 4a |
Gross Current Expenditure Projections - 2005 and 2006 |
| Table 5 |
Summary of adjustments to 2004 Gross Capital Expenditure and Capital Envelopes |
| Table 6 |
How gross current expenditure will be allocated |
| Table 7 |
Explanatory table of Budget 2004 |
| Table 8 |
Trend in the Current Budget Balance, Exchequer Balance and the General Government Balance |
| Table 9 |
Trend in the National Debt and General Government Debt |
| Table 10 |
Trend in the service of National Debt as a percentage of Expenditure and Taxation |
| CURRENT BUDGET |
| |
Revenue |
€m |
€m |
|
Expenditure |
€m |
€m |
| |
Pre-Budget Tax Revenue |
|
33,236 |
|
Pre-Budget Voted expenditure - Estimates for the Public Services (Abridged Version) |
|
27,035 |
| |
Tax changes |
|
|
|
Add: |
|
|
| |
Income Tax (b): |
|
|
|
Impact of Social Inclusion Measures |
|
|
| |
. personal tax changes |
-223 |
|
|
Social Welfare improvements (c) |
327 |
|
| |
. other Income Tax changess |
-16 |
|
|
Health Developments |
27 |
354 |
| |
VAT measures: |
-3 |
|
|
|
|
|
| |
Corporation Tax measures: |
-18 |
|
|
Impact of Non Social Inclusion Measures |
|
|
| |
Stamp Duty measures |
0 |
|
|
Other expenditure measures |
38 |
|
| |
Capital Gains Tax measures |
0 |
|
|
Administrative Budget carryover |
40 |
|
| |
Excise measures: |
243 |
-17 |
|
Estimated Departmental Balances |
-30 |
48 |
| |
|
|
|
|
|
|
|
| |
Net effect on tax projections of budget changes (d) |
181 |
|
|
|
|
| |
Post-Budget Tax Revenue |
|
33,400 |
|
Post Budget Voted Expenditure |
|
27,436 |
| |
|
|
|
|
|
|
|
| |
Non-Tax Revenue |
|
819 |
|
Non-voted Current expenditure |
3,794 |
| |
|
|
|
|
|
|
|
| |
Post-Budget Current Revenue |
|
34,219 |
|
Post Budget Current Expenditure |
31,230 |
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| CURRENT BUDGET SURPLUS |
|
|
|
|
|
2,989 |
| CAPITAL BUDGET |
|
|
|
|
|
|
|
Pre-Budget Capital Deficit |
|
|
|
|
5,745 |
|
| |
Budget Day Capital Expenditure |
|
|
|
|
50 |
|
| CAPITAL BUDGET DEFICIT |
|
|
|
|
|
5,795 |
| |
|
|
|
|
|
|
|
| EXCHEQUER SURPLUS |
|
|
|
|
|
-2,806 |
| (a) |
This table shows the effects of the implementation of the Budget day measures on the pre-Budgetary position shown in the White Paper on Receipts and Expenditure. |
| (b) |
The full year cost of the personal income tax package in Budget 2004 is €287 million. |
| (c) |
The full year cost of the social welfare package in Budget 2004, including expenditure from the Social Insurance Fund is €630 million. |
| (d) |
The Budget Measures have an impact on the economy with changes in consumption and investment patterns leading to additional tax buoyancy. |
