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Government summer plan is a heady mix of free money all round 

Richard Curran


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Tax receipts in 2019 amounted to €22.9bn. But the health budget for 2021 alone is estimated to be €21bn

Tax receipts in 2019 amounted to €22.9bn. But the health budget for 2021 alone is estimated to be €21bn

Tax receipts in 2019 amounted to €22.9bn. But the health budget for 2021 alone is estimated to be €21bn

After the massive multi-billion euro cost of the pandemic to the Exchequer, you would think some financial pain was on the way. After borrowing around €30bn in two years to fund Covid supports, you might imagine that tax increases were on the way.

In fact, throw into the mix the changing corporation tax environment (set to cost us at least €2bn a year), Brexit, and worries about a new inflation spike, and some kind of belt-tightening might be required.


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