The Government collected almost 20% more in taxes from the public in the first two months of this year compared with the same period last year according to new figures published by the Department of Finance.
The amount collected in capital gains tax - which is the tax paid on profits from the sale of shares, property and businesses - was running €128 million above target.
In addition, the business sector also paid €91 million more than expected in corporation tax, while house buyers and others paid €40 million more than anticipated in stamp duty.
The figures show, however, that Government spending on public services is behind target by €147 million.
The Department of Finance said this is due to timing factors and that the shortfall in spending will be made up in the months ahead.
According to the figures, the Government had a total of €2.4 billion of surplus or unspent money at its disposal by the end of February.
