''Surprise'' fall in Vat revenues as Government spending grows

Corporate tax revenues were the star performer in the first month of the year, but Vat receipts fell back and Government spending rose sharply, the monthly exchequer figures showed.

''Surprise'' fall in Vat revenues as Government spending grows

Corporate tax revenues were the star performer in the first month of the year, but Vat receipts fell back and Government spending rose sharply, the monthly exchequer figures showed.

The exchequer took in a total of €5.9bn from all tax sources in January, an increase of 10% from January 2019.

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