Tax
CSO: Total tax collected last year was €110 billion
Corporation tax more than doubled but income tax makes up almost half of all revenue as receipts rise 17 per cent
The government collected €110 billion in taxes last year, which was an increase of 17 per cent on the €94 billion in 2021, according to the Central Statistics Office.
Income tax was responsible for almost half of 2022’s tax revenue with €51 billion, an increase of 14 per cent over the year prior.
The biggest increase in revenue however was recorded by corporation tax, which rose by 48 per cent to €23 billion. In 2020, ...