11/05/2026
PAYE accounts for the majority of IT receipts in 2025, with PAYE
IT & USC accounting for 84% of total IT receipts.
The gross receipts of Income Tax (“IT”), including Universal Social Charge (“USC”), was €40.7 billion in 2025. With repayments of €4.2 billion, the net receipts of IT in 2025 were €36.6 billion, which was a 4% (€1.5 billion) increase over 2024.
In terms of net receipts, IT (including USC) is the largest overall tax head in 2025. IT accounts for 34% of the overall net tax receipts in 2025. This is a 1% increase over last year. Similar to 2024, receipts in 2025 are double what was recorded 10 years ago, reflecting consistent labour market growth. Follow our page for Pay, PAYE and other updates.