'Stellar' corporation tax receipts help boost revenues to €6bn in October

"The big unknown is what impact the current global economic slowdown will have on future revenues," said Peter Vale, tax partner at Grant Thornton Ireland.

Finance Minister Paschal Donohoe and Expenditure Minister Michael McGrath. 

The Government’s revenues have continued to climb as it took in almost €1bn more in taxes in October than in the same month last year.

Total receipts rose in the month to over €6bn thanks to another “stellar” performance by corporation tax revenues, the latest exchequer figures show.