The tax take to the end of October stood at €78.8bn, up by €2.4bn or 3.2pc on the same period last year. Excluding the one-off Apple windfall, the tax receipts of €77bn were ahead of last year by €3.8bn or 5.3pc.

Income tax receipts, a better indicator of Ireland’s domestic economic performance, are also up in the year to date. At the end of October some €28.7bn had been collected, €1.1bn more than at the same point last year.

In October itself, income tax receipts of €2.9bn were collected, up €0.2bn on the same month in 2024.

October is usually a quiet month for Exchequer returns, as many companies come to the end of their financial years, and consumer spending is supressed in advance of Christmas.

Corporation tax receipts of €1.1bn were collected last month, down by €2.4bn on the sam

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