Ireland Budget 2027: The Key Measures

The 2027 Budget was announced in the Dáil on 6 October 2026, bringing a wide range of changes across business, personal tax, housing and general society.

For businesses, the minimum wage rises, offset by a higher employer PRSI threshold, while capital gains tax is reduced. The R&D credit is enhanced and the Knowledge Development Box extended.

For individuals, the standard rate band widens, personal and employee credits increase, and all three inheritance tax thresholds rise. A new tax-free investment account is introduced, with exit tax on existing funds reduced.

Households benefit from a higher rent tax credit, an increased Help to Buy, and cheaper childcare with maximum fees falling. Core welfare rates also rise.

Watch the video below for the full breakdown of every measure.