Exchequer returns to deliver Covid-19 income and corporation tax boost           

Friday’s figures mean that Finance Minister Donohoe and Expenditure Minister Michael McGrath have more spending room to frame the 2021 budget. Picture: Gareth Chaney/Collins

Government revenues from income taxes are holding up and corporation tax revenues from multinationals will show further increases, when key exchequer returns for September are published late Friday, boosting the chances for more budget aid for the businesses worst hit by the Covid-19 crisis.

Finance Minister Paschal Donohoe has already signalled the importance of the September tax numbers, saying in recent weeks the measures he will announce in his budget on October 13 to alleviate the crisis in 2021 won’t be fully decided until the tax revenue figures were known.