Fresh spikes see key Government spending up 12pc this year
Government spending increased sharply in the first four months of the year, running ahead of the growing tax take and on course to smash through previous records.
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Government spending increased sharply in the first four months of the year, running ahead of the growing tax take and on course to smash through previous records.
Donohoe said he hopes to keep his Cabinet brief, “but that’s a matter for the new Taoiseach”.
The Minister for Finance said tax receipts may fall as the OECD global tax deal takes effect
It is the second consecutive month in which corporate tax declined year-on-year.
Corporation tax receipts were down €1bn in August, compared to last year, a higher-than-expected dip of 36pc that has contributed to a slight budget deficit.