Minister for Finance Paschal Donohoe: “we have an economy that is growing at a strong pace”.  Photograph: Gareth Chaney Collins

Minister for Finance Paschal Donohoe says he expects an additional 50,000 jobs to be created in the Irish economy this year, driving employment to new(...)

Michael McGrath said in 2014 €4.6 billion was collected which rose to €6.9 billion in 2015. Photograph: Alan Betson / The Irish Times

Minister for Finance Paschal Donohoe has signalled he will review the sustainability of Ireland’s corporation tax receipts in the face of the “volatil(...)

January is typically the biggest month of the year for VAT as it reflects the busy November-December shopping period.

VAT receipts jumped to a record €2.7 billion in January as strong pre-Christmas sales boosted the Government’s tax take for the month. The latest exc(...)

National and international newspapers in the UK, featuring front page reaction to the historic loss in the Brexit deal vote. Photograph: Bloomberg

It was billed as an historic vote – one that would plot the path for the United Kingdom to throw off the shackles of the European Union and go boldly (...)

Minister for Finance Paschal Donohoe said the budget was prepared ‘on a careful and contained basis’. Photograph: Dara Mac Donaill

Minister for Finance Paschal Donohoe has hit back at criticism of the Government’s budgetary policy, saying he was not going to apologise for using ad(...)

Minister for Finance Paschal Donohoe. The Government ran a small budget surplus last year for the first time in more than a decade thanks largely to record corporation tax receipts. Photograph: Dara Mac Donaill

Standard and Poor’s (S&P) has warned that it may reduce Ireland’s credit rating if the Government’s budgetary position deteriorates as a result of(...)

Ibec chief executive Danny McCoy said the current uncertainty regarding the UK’s future trading relations had already prompted a slowdown in SME lending. Photograph: Alan Betson

Employers’ group Ibec is predicting a major slowdown in growth this year as the Irish economy approaches full capacity and “cost competitiveness erod(...)


About 7 per cent of the State’s total tax take, equating to €4 billion, now comes from just 10 firms, the Department of Finance’s chief economist has (...)

The Minister for Finance , Paschal Donohoe, at the announcement of the exchequer returns on Thursday. Photograph: Dara Mac Donaill

Ten years ago this month, the then government’s year-end exchequer returns read like a horror story. Tax revenue was down €8 billion to €41 billion. (...)

Minister for Finance Paschal Donohoe. Photograph: Nick Bradshaw

On Thursday the Government should, barring a major surprise, announce a record tax take for the year just gone. Booming tax revenues led by the rapid(...)

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