The Revenue Commissioners wrote off more than €270m in unpaid taxes last year, a sharp climb of more than 70% on 2024 figures. The surge in write-offs was driven mainly by businesses going bust and fallout from tax ‘warehousing’ during covid-19. It said the sharp rise in write-offs last year was primarily down to timing, rather than policy change in how such debts are handled. Data released under freedom of information shows €271.5m in tax was subject to what Revenue termed a “write-out” process last year. The information note said it expected the sharp increase in 2025 to “moderate over time as recoveries from insolvency processes are realised and written back”.

Source: Irish Examiner April 02, 2026 12:51 UTC