Revenue collected by the Irish government surged in April, according to figures released by the Department of Finance on Wednesday.
Tax revenues, which at EUR9.87 billion for the January to April period were 16.7% ahead of the previous year, and up on the budget prediction of a 10% rise, were buoyed by strong increases in income and corporate taxes, the Finance Department data revealed.
Income tax was reportedly up nearly EUR500 million at EUR3.03 billion, and corporate tax collection was up from EUR501 million to EUR649 million.
The housing market in the Republic also played a role in the strong revenue figures, according to the April Exchequer returns, with both VAT and stamp duty bringing in more than expected at EUR564 million and EUR3.4 billion respectively.
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