Exchequer surplus falls to just €100m in January

Excluding last year's €1.7bn Apple tax proceeds, Ireland's total tax revenues rose slightly by €48m year-on-year

Finance Minister Simon Harris. Transfers to Ireland's State wealth funds and an increase in expenditure — amid only slightly higher tax receipts — brought the Government surplus down to €100m in January. File picture

Transfers to the Government’s wealth funds and an increase in expenditure during January has seen the exchequer record a surplus of just €100m as tax revenues remained largely flat compared to the same period last year, new figures show. 

According to the latest exchequer returns, tax revenue for the month stood at €8.5bn — which is down by €1.7bn compared to January 2025.