A pick-up in income tax receipts for the second month in a row meant Government borrowing fell by more than expected in February.
Official figures from the Office for National Statistics (ONS) showed that public sector net borrowing - excluding the effects of bank bailouts came in at £6.9bn last month, £3.5bn lower than in February 2014.
The figure took the total in the financial year-to-date to £81.8bn, almost 10% down on the same time last year and leaving the Treasury on course to meet its revised borrowing target.
The independent Office for Budget Responsibility (OBR) reduced its borrowing target for 2014/15 to £90.2bn in its latest forecast published alongside the Budget earlier this week.
However, the ONS was also forced to revise up the national debt after admitting a £5.5bn miscalculation over the Government's bailed-out bank assets.
Treasury coffers have been boosted in January and February by a £1.9bn increase in self-assessment tax receipts.
This is partly explained by tax planning which saw individuals defer paying tax on bonuses ahead of the cut in the top rate of income tax from 50% to 45%.
Income tax receipts for the first 11 months of the financial year were up to a record £153.9bn, the ONS said.
A Treasury spokesman said of the borrowing figures: "The plan is working: the deficit is halved as a share of the economy and the OBR's latest forecasts show borrowing continuing to fall in every year, with debt falling a year earlier in 2015-16.
"But we are still borrowing £1 for every £10 we spend and have more to do".
Labour has accused the Government of placing public services at risk through cuts to meet its borrowing plans in the next Parliament.
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