Vat revenues brings comfort to Finance Minister Donohoe over Brexit budget fears

Tax returns for July will bring comfort for the time being to Paschal Donohoe and his October budget preparations despite Brexit fears, commentators said, as Vat and corporate tax revenues brought in more than was anticipated in the month.

Overall tax revenues came to almost €5.3bn in July, meaning the exchequer collected €239m more than was anticipated in the month.