The figure marks a 17.7% increase compared to the same period in 2025, continuing last year’s record-breaking revenue performance. The IRD said collections from Income Tax, Value Added Tax (VAT), and the Social Security Contribution Levy (SSCL) all contributed to the growth.
The department attributed the increase to economic expansion, improved tax policies, more efficient administration, and higher voluntary compliance among taxpayers. It noted that the first-quarter performance accounts for around 25% of its annual revenue target for 2026.
The IRD also expressed appreciation to taxpayers and organisations for their cooperation, highlighting their role in strengthening the country’s revenue mobilisation efforts.
