Spending on wages by the Government is up 9.3% so far this year, which more than the 6.3% increase forecast in the Budget.<\/p>\n
Latest Exchequer returns from the Department of Finance show overall expenditure by the Department of Health is up 10.6%, while spending by the Department of Education has risen 9.3%.<\/p>\n
Expenditure by the Department of Social Protection is up 10.6%, partly driven by extra fuel allowance payments made in April, as the Government extended period during which the support is paid to help social welfare recipients with rising fuel bills.<\/p>\n
Due to timing issues there was also an additional pension payment day in April.<\/p>\n
This year expenditure is forecast to rise by 7.2%, which is much faster than most other EU countries.<\/p>\n
The Irish Fiscal Advisory Council has criticised the Government for excessively relying on volatile corporation tax receipts to prop up spending.<\/p>\n
The Exchequer returns show the growing economy has resulted in a 4.2% increase in taxes collected by the State so far this year.<\/p>\n
Between January and April \u20ac27.9 billion was received in tax payments, the Exchequer returns for April show – \u20ac1.1 billion more than in the same period of 2025.<\/p>\n
Income tax rose by 5.7% to \u20ac12.3 billion in the year to the end of April, a sign that the jobs market remains strong.<\/p>\n
Value Added Tax (VAT) was up 4.5% so far this year as consumer spending was healthy.<\/p>\n
Overall the figures show the State received more in tax so far this year than last year, when payments following the Apple tax case made last year are excluded.<\/p>\n
There was a \u20ac4.2 billion decline in the Exchequer balance in the first four months of the year due to payments to the Government’s two long term savings funds.<\/p>\n
The Exchequer returns also show excise was down 1.8% this year, while corporation tax was up 8.6% in the period.<\/p>\n
April is not a significant month for VAT or corporation tax payments.<\/p>\n","protected":false},"excerpt":{"rendered":"Spending on wages by the Government is up 9.3% so far this year, which more than the 6.3%…\n","protected":false},"author":2,"featured_media":569702,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-569701","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/569701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=569701"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/569701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/569702"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=569701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=569701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=569701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}