Total tax revenue for the January–April 2015 period was up 11.3 percent year-on year
and was some 4.2 percent above target.
Irish tax revenue was down 1.1 percent against targets for April, with income tax
The latest Exchequer Statement shows that income tax came in 5.2 percent below target
Last month, The Finance Department said the shortfall, was wholly attributable to weaker
Deposit Interest Retention Tax (DIRT) receipts, on the back of low interest rates. Income tax
Receipt of EUR5.75bn were collected in the January-April 2015 period, a year-on-year
Increase of 6.3 percent.
Value-added tax (VAT) receipts were up 10.3 percent during the first months of 2014.
Compared with the same period in 2014. Excise duties increased by 8.5 percent year-on-
Corporation tax receipts were significantly higher than targets, showing that profitability is
Improving ahead of forecasts.
Should you need any further clarification, Please do not hesitate to contact us at:
Cardwell Advisory Desk