Friday 23 February 2018

Tax take in first half of 2017 €900m more than same period last year

(Stock photo)
(Stock photo)

Donal O’Donovan

The tax take in the first half of 2017 was €900m more than the same period last year, with higher corporate taxes helping make for lower than expected personal taxes including USC.

Figures for 2017 were boosted by the sale of a quarter of the State's stake in AIB.

Corporate tax came in €200m ahead of profile, but VAT is running behind.

Including the AIB sale, the second quarter of the year saw the Exchequer record a surplus of €2,485m, a year-on-year improvement of €3,628m. Stripping out AIB the numbers are around €600m ahead.

Online Editors

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business