Exchequer data expected to show higher tax take

Economists are predicting that this afternoon's Exchequer figures will show an increased tax take in February

2nd March, 2012

Two Irish stockbrokers have issued reports predicting that Exchequer returns for February - which are due for release later today - will show another increase in tax take.

January's tax-take was 17 per cent higher than January 2011, and today's returns should be ahead of the February 2011 out-turn by 8 per cent, Davy Research said.

Income tax and VAT are expected to drive the growth, according to Davy.

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