168% surge in corporation tax in September

Corporation tax take in September soars as companies pay bills early

In the last Exchequer returns before the budget on Tuesday, a surplus of €2.4 billion was recorded to end-September – compared to €1.4 billion last year.

168% surge in corporation tax in September

There was a 168% surge in corporation tax mostly paid by multinationals last month as the Government enters the final days of preparation for the Budget.

State’s tax take boosted by €3bn as multinationals ‘front-load’ payments

Exchequer returns show Government collected €4.9bn from business tax in September

Corporation tax receipts jump to €4.9bn in September as multinationals pay early

Multinationals brought forward tax payments, boosting September receipts but prompting the Department of Finance to lower its near-term forecast

Tax receipts rise €7.6bn as Exchequer surplus reaches €2.4bn

Irish tax receipts increased by €7.6bn in the first nine months of the year, while the State recorded an Exchequer surplus of €2.4bn at the end of September. Total tax receipts reached €78.9bn to the end of September, representing a 10.7% increase on the same period last year. Income tax receipts amounted to €2.8bn in […]