Revenue collections to the end of April have risen by comparison to the same period in the previous year. The increased tax collection has helped to reduce Ireland’s fiscal deficit. The income tax collection has increased in 2014, mainly as a result of improvements in the job market. The corporate tax collection has not increased by comparison to the previous year, but the value added tax collection has increased by 5.1 percent compared to the same period of the previous year. Excise duty collection has also increased.