Paschal Donohoe: Policy caused tax take surge

Paschal Donohoe, the finance minister, has denied he was “lucky” to benefit from a doubling in corporation tax receipts since 2014, which allowed him post a €1.5bn surplus in the public finances for 2019.

Mr Donohoe, heralding the strong performance, said there was no luck involved as the increase in revenues came as a result of a change in policy driven by him and his predecessor Michael Noonan.