Corporation tax boost for revenues

Government revenues from corporation tax, excise duties and Vat surged last month, but income tax revenues faltered as the amount of taxes collected from the self-employed unexpectedly fell short, according to the latest exchequer figures.

November is a tax-rich month as many large and small companies, as well as the self-employed, settle their tax bills, and it is also a designated a key month for the payment of Vat.