Tuesday, October 06, 2026
- Minister for Finance Simon Harris and Minister for Public Expenditure Jack Chambers, pictured above, have unveiled Budget 2027
- Reductions in tax for middle-income earners are worth up to €1,500 for a couple with a combined income of €100,000
- Minimum wage rises 79 cents to €14.94
- Tax-free threshold for earnings under the rent-a-room relief rises to €16,000
- A pack of 20 cigarettes increases by €1
- A personal income tax package of €1.3 billion has been announced
- Temporary reduced fuel excise rates extended until February 28th, 2027
- Help-to-Buy applicants can now claim up to €35,000 in back taxes to help fund a first home, up from €5,000
- The standard capital gains tax has been cut from 33 per cent to 31 per cent
- The tax-free threshold for inheritance tax from parents to children increases by €20,000 to €420,000
- The tax-free threshold a homeowner can earn from renting a room rises from €14,000 to €16,000
- The student contribution fee has been reduced by €150, bringing the maximum fee per third-level student to €2,350