Tax receipts were €11.4 billion to end-February, up €1.3 billion or 12½ per cent on an annual basis, driven by strong income tax, corporation tax and, in particular, VAT, although the latter tax head was inflated by a technical factor which boosted receipts. When this technical factor is adjusted for, total tax receipts increased by … Read more
An Exchequer surplus of €7.9 billion was recorded in the year to the end of September 2022. This compares with a deficit of €6.2 billion in the same period last year. The €14.1 billion improvements in the Exchequer balance was primarily driven by a decline in COVID-related expenditure and by strong growth in tax revenue, … Read more
An Exchequer deficit of €1.1 billion was recorded in end-April 2022. This compares with a deficit of €7.6 billion in the same period last year. The €6.5 billion improvements in the Exchequer balance was driven by strong growth in tax revenue, with tax receipts of €21.1 billion to end-April, up €5 billion (over 30 percent) … Read more
Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath announced the Exchequer returns and expenditure for the first quarter of 2022. An Exchequer surplus of €0.2 billion was recorded in end-March 2022; this compares with a deficit of €4.2 billion in the same period last year. The €4.3 billion improvements … Read more