Tax take €1.2bn more than expected

THE public finances had another bumper month in October, according to official figures.

But critics said the latest Exchequer returns provided evidence that the Government was failing to meet its targets for spending on infrastructure.

Tax receipts for the 10 months to October stood at €29.4 billion, around €1.2bn ahead of the Government’s original target, while income tax receipts were €300 million ahead of target at €8.6bn.