Table 3

Current Receipts 2002 to 2005

2002

2003

2004

2005

Estimated

Post-Budget

Projection

Projection

Outturn

Estimate

€m

€m

€m

€m

Tax Revenue

Customs

133

141

144

147

Excise Duties (a)

4,411

4,810

5,144

5,477

Capital Taxes

730

1,070

948

998

Stamp Duties

1,140

1,419

1,544

1,631

Income Tax

9,106

9,307

9,947

10,615

Corporation Tax

4,925

5,068

5,255

5,742

Value Added Tax

8,870

9,826

10,597

11,341

Agricultural Levies

21

5

5

6

Tax Receipts

29,336

31,646

33,584

35,957

Non-Tax Revenue

Central Bank - Surplus Income

531

575

200

200

Accrued public moneys from the issue of coin

370

80

80

80

Proceeds from Banknote Receipts related to Euro Changeover

240

-

-

-

National Lottery Surplus

168

177

190

204

Interest on Loans & Dividends

55

39

33

39

Other Receipts (b)

809

132

137

146

Total Non-Tax Revenue

2,173

1,003

640

669

Total Current Receipts

31,509

32,649

34,224

36,626

(a)

The 2002 outturn figure reflects an addition of 6 million to the White Paper figure which is the net impact in 2002 of the changes to Excise Duties made on the 4 December 2002.

(b)

The 2002 outturn figure includes the transfer of €635 million from the Social Insurance Fund to the Exchequer Account of the Central Fund.