Department of Finance reveals 3% tax revenue rise

The Department of Finance revealed today that tax revenues last month were up 3% compared to a year ago.

But Exchequer figures published this evening also show the Department of Social Protection continues to increase its spending.

Overall taxes in January were up €109m year-on-year.

Income tax did well and was up 10%, which the Department said was because the labour market improved late last year.

Stamp duty showed a 400% increase, but that was due to a delay in reporting health insurance products from last year.

Spending during the first month of the year increased also - with Social Protection increasing its spend by 18% or €178.82m on last year.

More in this Section

The markets are merciless, Kenny warns voters

Right to Change wants all parties to sign up to 10 principles

Labour Party pledges to recruit 700 gardaí every year

Garda Ombudsman investigates fatal overnight road accident


You might also like

Today's Stories

VIDEO: Taoiseach and Tánaiste unveil two strategic schemes in Cork

Generations of lovebirds flocked to Hilser's jewellers in Cork

‘Slab’ Murphy sentencing adjourned until polling day

Cork events centre ready to host concerts in two years

Lifestyle

What to watch on TV this week

Wine: Beautiful Beaujolais

Celebrate Chinese New Year with these simple but delicious recipes

The Menu: Shane Ryan and FEED provide food for the soul

More From The Irish Examiner