Figures to show tax revenues Euro 500m ahead of target

Exchequer figures to be published this week will show tax revenues running more than €500 million ahead of target.

3rd August, 2014

Exchequer figures to be published this week will show tax revenues running more than €500 million ahead of target, supporting the government's case that an adjustment of much less than €2 billion will be needed in next October's budget.

However Minister for Finance, Michael Noonan is still expected to aim for budget cuts and tax hikes of close to €1 billion, much higher than the €200 million figure estimated to be needed by Ibec, the...

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