Meanings of expected vat in English

They estimate the treasury last year lost a quarter of its expected VAT revenue through government-sponsored fraudulent schemes.

The primary reason for this slowdown appears to lie in falling receipts for excise duties and lower than expected VAT receipts.

The Government remains on target to meet its annual budgetary requirements at the half-year stage despite poorer-than- expected VAT and corporation tax receipts.

Government tax receipts were marginally below target in February on account of softer-than- expected VAT numbers, which the Department of Finance linked to monthly VAT rebates.