Friday May 29, 2020

Tax take drops to alarming levels

The most recent exchequer figures might have prompted the government to call an emergency budget, but the state’s tax returns have been in free-fall for more than a year

7th March, 2009

Another month, another set of grim exchequer figures. This time, however, the numbers were so bleak that the government was forced into immediate remedial action, and a new budget is now set to be unveiled within weeks.

The latest tax return figures, released last Tuesday, revealed an ever-growing hole in the national purse, with all forms of taxation revenue falling sharply. Even excise duty, one of the government’s ‘old reliables’, was down by a third....

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago