TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Exchequer Returns Show Deficit of €10.6 Billion

Department of Finance Exchequer Returns for the year to 31 May released last week show a deficit of just under €10.6 billion in the first five months of 2009. This compares with a deficit of €3.6 billion in the same period in 2007. Total tax receipts at almost €13.5 billion were in line with estimates published by the department in April but down almost 21% on the same period last year. http://www.finance.gov.ie/documents/exchequerstatements/2009/excheqmay09.pdf