The public finances: the story so far in 2017

Tax take up overall, but income tax falling short of targets

2nd March, 2017
2
Department of Finance Pic: Rollingnews.ie

Figures from the Department of Finance show that the public finances improved in the first two months of the year, despite a shortfall in income tax.

The increase was mainly due to an increased tax take of €7.5 billion, 0.6 per cent ahead of target and up 4.1 per cent from a year earlier.

Total spending for the first two months was up 6.9 per cent from a year earlier at just over €7 billion.

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