€1.29 billion in tax revenue collected in August

€1.29 billion in tax revenue collected in August
Photo: Maksu- ja Tolliamet

Graph: Tax receipts in the first eight months of 2025 and 2026

VAT receipts in August amounted to over €375 million, which is €20 million more than in August last year. The retail trade, agriculture, and public administration and national defence sectors were the greatest contributors to VAT revenue. VAT receipts in August this year were higher due to VAT collected on the retail sale of motor fuel.

Personal income tax revenue has remained stable over recent months, totalling over €241 million in August, which is €24 million less than in the same month last year. The lower revenue was influenced by the change in the system for calculating basic exemption at the beginning of the year. The wage fund grew by 6.2% year on year, increasing social tax revenue in August to €450 million – up by more than €25 million from August last year.

Corporate income tax revenue in August amounted to approximately €67 million, which is €5.8 million less than in last year's August. In August this year, the largest amounts of income tax on dividends were declared in the manufacturing and wholesale and retail trade sectors, as well as in professional, scientific and technical activities.

Fuel excise duty revenue in August exceeded €50 million, which is over €1.9 million less than in August of last year. In August, approximately 4.7 million litres of petrol and diesel were released for consumption – 4.4% less than a year earlier.

Tobacco excise duty revenue in August was €22 million, or about €0.9 million more than in August last year. This was mainly due to the increase in excise duty rates at the beginning of the year. Compared with August last year, approximately 14 million fewer cigarettes were released for consumption, and excise duty of around €19 million was declared on cigarettes. Over €200,000 more in excise duty was declared on alternative tobacco products than in the same period last year.