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Irish tax take better than expected in September - minister

Fri, 2nd Oct 2020 10:28

DUBLIN, Oct 2 (Reuters) - The trend of Ireland's tax take
declining by less than expected continued last month,
particularly with regard to income tax, Finance Minister Paschal
Donohoe said on Friday ahead of the release of data for
September.

Ireland has collected far more revenue than it had expected
early in the coronavirus pandemic, keeping the year-on-year
decline in the overall tax take so far this year to 2.3% at the
end of August.

"While continuing to be down versus where they were down a
year ago, they are less down that we would have expected in the
very dark days of April. In particular what we are continuing to
see is that our income tax performance is holding up strongly in
the circumstances," Donohoe told national broadcaster RTE.
(Reporting by Padraic Halpin and Conor Humphries; Editing by
Alison Williams)

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