Ireland · Budget 2027
Ireland Budget 2027: what changes for expats and employees
Ireland’s Budget 2027, presented on 6 October 2026, cuts income tax for most workers from 1 January 2027. A single employee on €60,000 gains about €56 a month. Investors gain too: the exit tax on funds and ETFs falls to 35% and capital gains tax to 31%.
Income tax and USC
| 2026 | 2027 | |
|---|---|---|
| 20% band, single person | €44,000 | €46,500 |
| 20% band, married couple, one income | €53,000 | €55,500 |
| Personal tax credit | €2,000 | €2,125 |
| Employee (PAYE) tax credit | €2,000 | €2,125 |
| Earned income credit (self-employed) | €2,000 | €2,125 |
| USC 2% band ends at | €28,700 | €30,300 |
| Rent tax credit, single / couple | €1,000 / €2,000 | €1,150 / €2,300 |
| Employee PRSI | 4.2% to Sept, 4.35% from Oct | 4.35% to Sept, 4.5% from Oct |
What it means for your take-home pay
| Gross salary | Net 2026 | Net 2027 | Gain per month |
|---|---|---|---|
| €40,000 | €33,572 | €33,778 | €17 |
| €60,000 | €44,925 | €45,601 | €56 |
| €80,000 | €54,979 | €55,625 | €54 |
| €100,000 | €64,532 | €65,148 | €51 |
Single employee, standard credits, no rent credit. The PRSI rise planned since 2024 takes back part of the gain.
Investing and savings
- Exit tax on funds and ETFs falls from 38% to 35% from 1 January 2027, including the eight-year deemed disposal. See our Irish ETF tax guide.
- Capital gains tax on shares and property falls from 33% to 31%.
- A new Personal Investment Account is planned for mid-2027: up to €12,000 a year, tax-free up to €50,000 of value, with a 1% yearly charge above that.
- DIRT on deposit interest stays at 33%.
Other changes
- Minimum wage: €14.94 an hour from January 2027, up 79 cent.
- Childcare: the National Childcare Scheme caps fees at €550 a month.
- Housing: Help to Buy rises to €35,000 for first-time buyers of new homes; Rent-a-Room relief rises to €16,000 a year.
- Students: the third-level student contribution falls by €150 to €2,350.
- Welfare: core weekly payments and pensions rise by €10.
The measures still have to pass in the Finance Bill, which normally happens before the end of the year.
Calculate your Irish net salary →
Sources
This guide is general information based on the tax rules we could verify for 2026, not tax or financial advice. Rules change and personal situations differ, so check with the tax authority or a qualified adviser before you act. Spotted a mistake? Email [email protected].