Tax take ahead of target, but income tax still short

Tax take ahead of target, but income tax still short

€180m extra in corporation tax boosts figures in key month for tax collection

Having fallen short of targets for most of the year, the amount of money taken in by the state in tax has moved ahead of expectations after a strong November.

November is the most important month for tax collection, accounting for more than 15 per cent of the total, particularly from companies and the self-employed.

The Department of Finance said the tax take for November alone was €186m or 2.3 per cent better than expected, mainly...

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