Late payments affect income tax take

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

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.

The Department of Finance said the state took in €139m more than it spent up to the end of February, down from a surplus of €217m a year earlier.

Total tax receipts came to just over...

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