IRD Collections

The Department’s revenue collection for 2025-26 was $458.3 billion, an increase of $83.8 billion or 22.4% as compared with the previous year. Of the total revenue collected, Profits Tax and Stamp Duty together contributed 68.8%. The revenue collected by tax type for the latest three years is shown below:

This table basically consists of 4 columns. The first column is Type of tax. The second column is 2023-2024($m). The third column is 2024-2025($m). The fourth column is 2025-2026($m).
Type of tax	2023-24 ($m)		2024-25 ($m)		2025-26 ($m)
Profits Tax
Corporations	162,198.6		170,347.3		205,323.9
Unincorporated Businesses	8,299.1	170,497.7	7,340.6	177,687.9	7,320.8	212,644.7
Salaries Tax		79,869.8		88,878.8		97,691.6
Property Tax		3,906.4		3,983.6		3,964.5
Personal Assessment		7,321.9		8,223.3		8,864.9
Total Earnings and Profits Tax	261,595.8		278,773.6		323,165.7
Estate Duty	10.2		10.0		8.5
Stamp Duty	49,111.7		63,880.2		102,565.1
Betting Duty	28,467.0		28,511.7		28,290.2
Business Registration Fees	2,816.1		3,326.7		3,541.4
Hotel Accommodation Tax	-		-		769.7
	80,405.0		95,728.6		135,174.9
Total revenue collected	342,000.8		374,502.2		458,340.6
% change over previous year	-5.1%		+9.5%		+22.4%