Ireland's tax take running 1.13 bln euros ahead of target

Ireland said on Tuesday its tax take for the first 11 months of the year is 38.16 billion euros (47.23 billion U.S. dollars), 1.13 billion euros or 3 percent ahead of target.

It said exchequer figures for November were 35 million euros or 0.6 percent ahead of target, with almost 6.2 billion euros taken in by the country last month.

When commenting on increased tax receipts, Finance Minister Michael Noonan said November is the final due month for value-added tax and performance has been strong in the year to date, with receipts up 575 million euros year-on-year.

Noonan said November is also an important month for corporation tax and again there was an increase of 240 million euros on the same period last year.

On the spending side, despite pressures in a number of areas, overall spending remains broadly on profile at 37,878 million euros or 0.5 percent ahead of profile, said Brendan Howlin, minister for public expenditure and reform.

"It is clear once again that Ireland is set to comfortably meet its deficit target at year end," he said.