Friday December 13, 2019

Late payments affect income tax take

Total tax receipts came to just over €8.1 billion, up 3.7 per cent from a year earlier but 0.6 per cent, or €50m, below targets set by the Department of Finance

4th March, 2019
Department of Finance says corporation tax figures not significant yet. Pic: RollingNews.ie

Exchequer figures for the first two months of the year show a smaller surplus than in the same period last year, with income tax and Vat receipts behind target.

Total tax receipts came to just over €8.1 billion, up 3.7 per cent from a year earlier but 0.6 per cent, or €50m, below targets set by the department.

Income tax is almost 5 per cent or €179m below expectations at €3.47 billion, with the department blaming...

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