Tax receipts point to ‘more generous budget’

Finance Minister Paschal Donohoe could tap hundreds of millions from surging tax receipts to fund giveaway measures in his budget next week — but much will still depend on the scale of potential health spending overruns for the rest of the year.

The resources at hand for Mr Donohoe to employ next Tuesday comes after the tax revenues climbed to over €40.7bn in the first nine months of the year, up by more than €3.2bn from the same period in 2018.