Finance Minister Clyde Caruana said on Monday that taxes left uncollected from individuals and companies in the end of 2025, that are still pending, totalled to nearly €1.2 billion.

On Monday, Opposition MP Graham Bencini asked Minister Caruana to state the amount of taxes due, but still uncollected, from people and companies as of today.

In response, Minister Caruana shared that uncollected taxes from persons by 31 December 2025 amounted to €495,196,552, while pending taxes from companies by the end of last year accumulated to €701,123,108. Together, these values combine for €1.196 billion.

From these pending taxes, €412.9 million is considered to be recoverable; leaving a gap of €783.4 million. From the recoverable €412.9 million, €212.9 million are subject to payment plans.

A total of €2.3 million in pending taxes are currently being contested or are under appeal, Minister Caruana added.

PN MP Bencini also asked the Minister for Finance to distinguish how many individuals and companies have tax arrears ranging between €100,001 and €500,000; between €500,001 and €1,000,000; between €1,000,001 and €5,000,000; and over €5,000,000 respectively.

Minister Caruana shared that 427 individuals and 867 distinct companies had pending tax sums of between €100,001 and €500,000.

27 individuals and 89 companies were recorded to have tax arrears of at least €500,001 but not more than €1 million.

Nine individuals and 83 companies have pending taxes amounting to at least €1,000,001 and €5 million, Caruana said.

No individuals had tax arrears of over €5 million by the end of 2025, but three companies did.