Home > Tag Archives: tax

Tag Archives: tax

Highest ever tax take of €68.4bn – Exchequer returns

Minister for Finance Paschal Donohoe speaking at a press conference this afternoon (RollingNews.ie) The Department of Finance has recorded the highest ever tax take of €68.4 billion, pushing the Exchequer deficit down to €7.3 billion. According to the latest Exchequer figures, tax receipts were up by €11.2 billion (19.7%) on 2020. This was the highest ever tax yield, over €9 ...

Read More »

Higher tax take sees deficit dipping below €5 billion

Minister for Public Expenditure, Michael McGrath, and Finance Minister, Paschal Donohoe The deficit in the public finances narrowed to €4.9 billion in November, according to the latest Exchequer figures published this afternoon. Tax receipts for the period to the end of last month were ahead of government targets by €5.4 billion, or 9.4%, boosted by higher income taxes, VAT and ...

Read More »

Lower deficit forecast due to underspend and tax take

The White Paper’s publication on the weekend prior to the Budget is required under the Constitution A record amount of corporation tax and an underspend by some Government departments will deliver a much lower deficit in the public finances than forecast. A general Government deficit for this year of €13.2 billion is set out in the White Paper published last ...

Read More »

Donohoe expecting revised corporation tax proposals

Paschal Donohoe said he had further engagement last night with the European Union and OECD Minister for Finance Paschal Donohoe has said he is expecting a revised agreement on proposals to change Ireland’s corporate tax rate today. He said he had further engagement last night with the European Union and OECD and that Cabinet will discuss the revised draft at ...

Read More »