Dáil debates

Thursday, 15 November 2012

5:30 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

This is a critical month in terms of the Exchequer returns both for income tax and corporation tax. Overall, the figures are on target, which is to be welcomed. The corporation tax receipts in October were a concern and, while Revenue pointed out it was not unexpected, that is not the same as saying it is going to reverse over the coming months. I know from talking to many small business owners that they are really struggling when it comes to siting down with their accountants, finalising their returns and making the payments to Revenue. Is the Minister confident, based on the information he has to hand, that November will hold up and the closing position will be on target overall in terms of tax receipts?

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