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First exchequer returns for 2012 up

First exchequer returns for 2012 up

First exchequer returns for 2012 up

The first exchequer returns for 2012 have been released, with the January tax take coming in at €3.6bn.

The January 2011 amount was €3.1bn.

The figure was said to have been lifted by a €250m once-off late payment of corporation tax, along with the Universal Service Charge (USC) and VAT.

Income tax, including the USC, was up 27.7pc to €1.26bn while VAT rose 3pc to €1.7bn.

Karina Corbett