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
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!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team