Increases in indirect tax, in the form of certain Vat, excise duty, vehicle registration tax (VRT) and betting duty increases, were the most significant revenue-generating measures in Budget 2019. These increases in indirect tax are estimated to result in an increased yield for the exchequer of around €590 million in 2019 and around €670 million in a full year.
That the Minister for Finance should use indirect taxes to raise exchequer funds is not surprising. It reflects...
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