The State’s income tax take for the first four months of the year is 3 percent lower than expected.
The latest Exchequer Returns show tax receipts of 14.1 billion for January to April – around a third of a billion euro lower than planned.
Income tax has a shortfall of nearly 200 million euro, while corporation tax has also come in much lower than planned so far.
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The shortfall comes despite the CSO reporting earlier that the unemployment rate has fallen yet again, to 6.2 percent.
In all, the State ran a deficit of 2.5 billion euro between January and April, but the Department of Finance says the underlying position is better than last year.
