Irish Jan-April tax revenues up 31% year-on-year

div classBodysc17zpet90 cdBBJodivpDUBLIN Reuters – Ireland collected 31 more tax in the first four months of the year than the same period in 2021 following a sharp jump in income tax receipts in April, the finance ministry said on Wednesday. p

pAfter collecting far more tax in 2021 than any previous year after the economy weathered one of Europes toughest lockdowns, the finance ministry estimated last month that tax revenues would rise by a further 11 this year.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pIt also forecast that the budget deficit would narrow at a faster than expected rate to 0.8 of gross national income this year and Wednesdays data showed that an exchequer deficit of 1.1 billion euros was recorded at the end of April.p

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pp Reporting by Padraic Halpin Editing by Toby Choprap

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