Bumper corporate tax haul in November sees Government surplus swell to over €10bn

A strong rise in November’s corporation tax receipts has transformed the State’s position, reversing earlier deficits and strengthening public finances

Finance minister Simon Harris. Corporation tax receipts of €10bn were collected in November, an increase of €2.7bn on the same month last year.
Picture: Leah Farrell

A significant surge in corporation tax in November has pushed the Government’s surplus for the year to over €10bn, the latest Exchequer returns show.

According to the returns, the Government has recorded a surplus of €10.4bn for the year to the end of November.