Corporate tax revenues ‘still the star’ this year

The jury is still out on whether the Brexit fallout and the surge in the value of the euro may or may not leak revenues, but for a second year something significant is happening under our noses with corporate tax revenues.

Despite the glare on the potential loss of Vat taxes as shoppers brave the parking at the shopping outlets of Newry, Belfast, and Derry, corporate tax revenues are back in the spotlight.

The huge bounty the State has tapped from corporate taxes helped fuel a government spending bonanza last year. This year, corporate tax revenues continue to flow into the coffers.