merrion street

Commenting on the End July Exchequer Returns the Minister for Finance, Mr Michael Noonan, TD stated :

The Exchequer returns for the first seven months of 2014 show a strong performance in terms of both tax and expenditure. Cumulative tax receipts are up €1.3 Billion compared to the same period in 2013. This is further evidence that the recovery is taking hold across the economy.

If this pattern continues in the second half of the year the Budget adjustment will be somewhat less than the €2 Billion originally planned.