ireland

Government tax intake increased sharply in November due to Apple ruling

Government Tax Intake Increased Sharply In November Due To Apple Ruling
Corporation tax receipts amounted to €35 billion for the year to date - that is €13 billion more than the same period last year.
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The tax take for the government in November was up sharply due to the Apple Tax ruling.

Corporation tax receipts amounted to €35 billion for the year to date - that is €13 billion more than the same period last year.

VAT receipts are also up for the year so far by 1 point €3 billion, compared to the same time last year.

In total, almost €100 billion euro has been collected in tax so far this year.

However, government spending is almost 12 per cent more than last year, and 6 per cent more than forecast.

A surplus of 13 point €8 billion been recorded to date.

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