Today's top videos STORY CONTINUES BELOWThe increased tax take is driven by large bumps in income tax receipts, with a notable 12.7% increase last month. Pic: Sasko Lazarov/© RollingNews.ieElsewhere, VAT bills generated €3.8 billion for the public purse in July, while a further € 1.3 billion was collected in corporation tax last month. The corporation tax bill included a 15% ‘top-up payment’ of roughly € 1 billion from large multinational corporations. A total of € 15 billion in corporation tax has been collected this year, a 4.7% increase. He said the increase in income tax takes was reflective of the full labour market, though rises could be attributed to the lack of adjustments to income tax bands in the current budget.