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‘Once-off’ €500m tax payment boosts exchequer data in February

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‘Once-off’ €500m tax payment boosts exchequer data in February
Corporation-TaxDepartment-Of-Finance

Latest exchequer returns, published by the Department of Finance, show Government has collected €15.2bn in tax so far this year

Latest exchequer returns, published by the Department of Finance, show Government has collected €15.2bn in tax so far this year A “once-off” corporate tax payment of €500 million, not related to the Apple tax case, boosted Government tax receipts last month.

The latest exchequer returns, published by the Department of Finance, show Government has collected €15.2 billion in tax so far this year. This was €3.2 billion or 26 per cent ahead of the same period last year. While February is not generally a significant month for corporation tax, the business tax generated just over €1 billion last month, 92 per cent up on the same month last year. This did not relate to the high-profile European Union court ruling in relation to Apple last year but “reflects a once-off payment”, the department said.Children will receive over €500 on average for their Communion. Where should you put it? I’m in my 70s and have €500,000 in savings. If I need to go into a nursing home, what happens if I run out of money?On a cumulative basis, corporate tax receipts of €2.8 billion for January and February were up by €2.2 billion , the figures showed. Income tax receipts of almost €5.7 billion for the two-month period were €311 million, or 5.8 per cent, up on the same period last year reflecting the current strength of the Irish labour market, with separate figures published on Wednesday putting unemployment at a low of 3.9 per cent.Cost of our climate inaction laid bare in new reportFamous Dublin city centre pub hits the market at €4.25mNathan McDonnell’s carry-on-as-normal behaviour suggested a profound dissociation from the €32m of crystal meth in his yardUS supreme court rules that Trump cannot withhold payment to foreign aid groups

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