Higher than expected tax receipts could mean €1.4bn surplus in 2019 - Paschal Donohoe

A surplus in the public finances of €1.4bn or 0.4% is now likely at the end of the year because of higher than expected corporation tax receipts, Finance Minister Paschal Donohoe has said.

Delivering a keynote address at the Institute of International and European Affairs in Dublin, Mr Donohoe said this surplus is virtually double what was expected on Budget day.