Fewer than four weeks out from its pre-election budget day, the Government is swimming in even more cash than previously forecast. By the end of August, the national tax take was €6.7 billion ahead of last year’s, according to new figures just released by the Department of Finance. Out of this, more than half, €3.6 billion, is thanks to yet another surge in corporation tax receipts. This revenue stream doubled in August compared with the same month in 2023, though this is not exactly comparing like with like. As predicted by The Currency five months ago, Apple has now rebalanced…

Special Six Nations offer

Become an annual member today for €200 and receive a free copy of ‘From Rags to Riches; The Irish Men’s Team in the Professional Era’ by Feargal O’Rourke

Subscribe

Cancel at any time.

Are you already a member? .