The Irish services sector saw a boost in activity last month, but costs – particularly wages – are weighing on firms.
The Irish services sector saw a boost in activity last month, but costs – particularly wages – are weighing on firms.
Corporation tax receipts are 55pc ahead of where they were this time last year, Exchequer returns show. The state collected €3.5bn in corporation taxes in the first four months of 2023, up more than €1.3bn ahead of the same time last year. Tax receipts in the month of April alone, however, were down €100,000 on last year. Total tax receipts have reached €24.1bn for the year so far, 14.2pc ahead of the same time last year. Income tax is still by far the biggest contributor to the tax take, with revenues growing 9.4pc compared to the first four months of 2022, reaching €10.4bn.