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IRELAND HAS REPORTED a €343 million surplus for the end of November 2015.
The exchequer returns released today by the Departments of Finance and Public Expenditure and Reform show that the country has taken in €41 billion in tax so far this year.
That is over €3.8 billion ahead of last year. In total, tax receipts were €739 million (11.9%) higher when compared to the same month in 2014.
It is the first time the country has had a surplus at the end of November since 2007. However, the underlying deficit is around €1 billion when one-off expenditures and incomes are removed.
Finance Minister Michael Noonan says that the strong performance is down to better-than-expected corporation tax yields.
“Corporation tax receipts have been particularly strong, finishing the month €312 million or 24% above target. The Revenue Commissioners have advised me that this over-performance is primarily related to improve trading conditions and is broad based.”
With November a massive month for the intake of VAT receipts, receipts are now already up €934 million or 8.6%.
“This is a reflection of improved consumer confidence and increased retail sales for the year to date,” says Noonan.
Public Expenditure Minister Brendan Howlin says the country has spent €48.2 billion this year, but expects to close the deficit by a full percentage point more than had been planned in the Budget.
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If I ear anything I will let them know.
The victim’s new nickname is “18 Months cos he’s got an ear and a half”
Mike Tyson filming the new Hangover movie.
The suspect was a well-built, white man in his 30s, who is around 5ft 8in tall with short dark has, has a tattoo on his neck, and was wearing a tight t-shirt and was chewing on an ear lobe…can’t be too difficult to find.
At least he’s still got an ear for music.
Did the perpetrator look like this?:
“The dance floor scuffle” sounds dangerous.
@SteveW: “strictly” after dark
Bud, belfastian nordie, lend me your ear
Dolph Lundgren in Universal Soldier had a fondness for ears. Often seen wearing a necklace made from them.
Club is well known in Belfast as, “Sophie Ellis Baxter’s place”.
Theres Murder on the Dance Floor.
True!
@Brendan McLaughlin: v good
If found and convicted, will he ordered to keep the peace?
@Denis McCarthy: the piece(of ear)
Tastes like chicken
A dance floor scuffle? Usually a cringe worthy, mortifying dance off solves that issue, but no, someone needs to take a chunk of ear off instead of just getting a kebab like they rest of us.
Must have been doing the haka
Hungry devil
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