Budget surplus of €8.6 billion expected, but there would be a deficit without corporation tax
Minister McGrath noted that the surplus is ‘heavily dependent on volatile “windfall” corporate tax receipts’.
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Minister McGrath noted that the surplus is ‘heavily dependent on volatile “windfall” corporate tax receipts’.
Corporation tax receipts cannot be relied upon in the future, Finance Minister Michael McGrath warned Cabinet colleagues today.
The flush state of the exchequer finances carries risks, tempting politicians on all sides to outbid each other on pre-election promises - but also offers the opportunity to invest
The cocktail called the “budget bonanza” features some reasonable pre-budget suggestions sloshing around with some very poor ones
State funds intend to save some of the massive inflow of corporation tax