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Ireland says quite confident tax take will get back on track
May 18, 2017 / 2:59 PM / 6 months ago

Ireland says quite confident tax take will get back on track

DUBLIN (Reuters) - The Irish government agency responsible for collecting tax believes tax revenues will correct themselves by the year-end after falling 2.4 percent below target at the end of April, Finance Minister Michael Noonan said on Thursday.

Ireland's Minister for Finance Michael Noonan speaks at the opening of the new Central Bank of Ireland offices in Dublin, Ireland April 24, 2017. REUTERS/Clodagh Kilcoyne

“The Revenue Commissioners are still quite confident that the figures will right themselves as the year goes by but I think we can safely say at this stage that we will not have the kind of overrun in tax receipts which we had for the last two years,” Noonan told parliament.

“We’ll have a better idea when the May and June receipts come in. By the half year we’ll see if the initial concerns are justified or if things are righting themselves.”

Reporting by Padraic Halpin

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