Tax revenue is €7.4bn behind target for the year up to the end of November. VAT was €2.1bn behind target, with Capital Gains Tax €1.7bn less than expected. Corporation Tax was €1.5bn below target, with Stamp Duty figures also €1bn less than projected.
I suppose they will just have to throw on a few percent extra in taxes and a couple of new levies in another emergency budget. People still have money the government could take, after all they are still spending it, just in Northern Ireland.
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