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RTE.ie·3 min read·medium

Income tax last month rose 12.7% on same period last year

D
David Murphy
Income tax last month rose 12.7% on same period last year
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Irish Exchequer returns for July 2026 show a 12.7% increase in income tax and strong VAT growth, signaling a robust national economy. Government spending remains within projected limits despite concerns regarding potential expenditure overruns.

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Income tax collected by the State rose by 12.7% last month to €3.3 billion compared to July of 2025 in a sign that the jobs market remains healthy in the months before the Budget.

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