Tax receipts up 8.5% in year but Vat under scrutiny

Tax receipts are up 8.5% in the year and the Government has €644m more in its coffers than it expected, exchequer figures show.

However, analysts expect some sort of dampening to Irish economic growth from the UK’s decision to leave the EU.

For that reason, a continuing shortfall in Vat payments in the latest figures has come under scrutiny.