Tax revenue €210m below target ahead of Budget

Tax revenue €210m below target ahead of Budget

The Department of Finance has released its estimates for receipts and expenditure for 2013 , ahead of Budget Day next Wednesday.

The figures show that tax revenue for 2012 is expected to fall €210m below the target of €36.375bn.

However, the Department of Finance said that the budget deficit is expected to be ahead of target at 8.2% of GDP by the year's end.

Fianna Fáil spokesperson on finance Michael McGrath has accused the Government of making an all-out assault on families in the upcoming Budget.

"I am very concerned about what I am hearing by way of leaks from the Cabinet meetings that the g really seems to be determined on an all-out assault on families," he said.

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