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Irish tax revenues were ahead of target in May, mainly due to property tax;



    Irish tax revenues ahead of target

    Tax revenues were slightly ahead of target in Ireland, according to the Irish Independent. In May the state took in €3.8bn. It was 3% better than target  largely because of revenues raised through the property tax. Some €121m has been received through the controversial levy for the first five months of the year. On target was the income tax, recording a small surplus of €4m.  Corporation tax receipts are €150m ahead of expectations while VAT was nearly on target, recording a shortfall of €12m or 0.8%. 

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