In the money: Government claims €475m more in taxes during the first four months of this year – TheLiberal.ie – Our News, Your Views

In the money: Government claims €475m more in taxes during the first four months of this year




Last week it was revealed that the Government took in the second largest tax revenue for the year 2015, and now it seems the Government are above projected targets once again after revenue claimed nearly €500m more than expected in the first four months of the year.

According to latest figures the Exchequer collected a whopping €475m more than originally forecast on Budget Day predictions. Revenue say the 3.5% cam from corporation tax and excise duty driven by new car sales and sales of tobacco products.

Meanwhile Non-tax revenues were also on the up, after an earlier than expected payment from the Central Bank of €1.8bn in surplus income.

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