Sharp rise in Revenue unpaid tax write-offs

Revenue said many of the debts related to companies that failed or went into liquidation during the pandemic

Some money is ultimately written off when it is clear collection cannot be revisited, particularly in insolvency situations.

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.