Exchequer reports €1.8bn deficit in February as expenditure rises - News Summed Up

Exchequer reports €1.8bn deficit in February as expenditure rises


However, when once-off receipts arising from the Apple tax case are excluded from 2025, total tax receipts were up marginally on last year, rising by just over 1%. Direct TaxesIncome tax receipts of €2.9bn were recorded in February, which was over 10% ahead of the same month last year. On a cumulative basis, income tax receipts of €6bn were more than 5% ahead of the same period in 2025. Capital acquisitions tax collected at the end of the month amounted to €45m, which was down by €8m annually. Other TaxesMotor tax receipts of €164m were collected by the exchequer at the end of February, which was flat on last year.


Source: Irish Examiner March 04, 2026 18:09 UTC



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