Irish tax receipts were behind target in the first eight months of the year, with a shortfall of 0.3pc. Irish tax receipts were behind target in the first eight months of the year, with a shortfall of 0.3pc. Tax receipts up sharply but behind targetConall MacCoille, an economist with Davy Stockbrokers, said the figures were disappointing. Peter Vale, a tax partner at Grant Thornton, said the fact that income tax receipts were behind target for the eight month period was “slightly surprising” given how the labour market has been performing. Corporation tax and VAT receipts were well behind target in August, but the month is not traditionally an important one for those two categories.
Source: Irish Independent September 04, 2018 16:10 UTC