Seamus Coffey

95 results

Ireland is  engaged in an extraordinary and  risky economic experiment. We know the initial hit is huge. What we don’t know is the long term impact. Photograph: iStock

Precise economic forecasting has gone out the window in the current crisis. The world economy is off script. What happens next economically all depe(...)

Sinn Féin’s finance spokesman Pearse Doherty speaking at the publication of the party’s general election manifesto in Dublin. Photograph:  Niall Carson/PA Wire

Sinn Féin’s biggest proposed tax raising measure in its election manifesto involves changing a key rule in relation to taxing some of the big multinat(...)

Former chair of the Irish Fiscal Advisory Council Seamus Coffey. Photograph: David Sleator/The Irish Times

A new chairman of the Irish Fiscal Advisory Council will have to be appointed by the next government following the recent decision by UCC economist Se(...)

Minister for Finance Paschal Donohoe with children from the local Chinese community at the launch of Chinese New Year celebrations at the Hill Street Family Resource Centre in central Dublin. Photograph: Gareth Chaney/Collins

The last time Ireland had an election on the back of a long economic expansion was 2007. That was the year Pádraig Harrington won his first Open Champ(...)

The advisory council warning comes as exchequer returns show the Government took in a record €3.1bn in corporation tax last month and is on course for a record €11bn this year.

The Government has again been warned against using “windfall taxes” to fund public services similar to what occurred during the boom. Irish Fiscal Ad(...)

‘The most persistent driver of these overspends was hospital spending.’ File photo.

The persistent pattern of overspending in the State’s health budget is being driven by hospitals, according to the Irish Fiscal Advisory Council (Ifac(...)

UK prime minister Boris Johnson speaks during an event to launch the 2019 Conservative Party general election manifesto on Sunday in Telford, central England. Photograph: AFP via Getty Images

Maybe the threat to the Irish economy from a no-deal, disorderly Brexit was entirely overblown? The Government seems to think so if its forecasts ar(...)

Ifac chairman Seamus Coffey said the additional corporate tax revenue was ‘very welcome’ and provided a financial boost to the exchequer. Photograph: Dara Mac Dónaill

Up to €6 billion, or 60 per cent of the Government’s corporation tax windfall may be temporary, leaving the public finances extremely exposed to a po(...)

Fine Gael would plan to cut income tax if it got back into office after the next general election, Paschal Donohoe, the Minister for Finance said on Wednesday

Fine Gael would plan to cut income tax if it got back into office after the next general election, Paschal Donohoe, the Minister for Finance said on W(...)

Minister for Finance  Paschal Donohoe. The Irish Fiscal Advisory Council’s  chairman said the Government’s target of a small budget surplus of €600 million this year was “totally inappropriate”. Photograph: Brian Lawless/PA Wire

The Government is still using windfall revenue from corporation tax to paper over cracks in its day-to-day spending, the State’s fiscal watchdog has (...)

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