Davy Research

Irish economy

Government finances on track ahead of vital November returns

DAVY VIEW

Exchequer returns data for October show that government finances are broadly on track to hit Budget targets in both revenue and expenditure. However, the key month in the final quarter will be November, with over €8bn in tax revenues expected as self-employed and corporate tax returns come due. This is by some distance the largest tax month in the year and will go some way towards determining the final fiscal position for 2017.

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