Budget 2027 Ireland: What Tax Changes to Expect
The government has signalled a €1.5 billion tax package focused on making work pay. Check your current take-home pay below and bookmark this page for live updates on Budget Day.
Pre-Budget Information
Budget 2027 has not yet been announced. The information below is based on official government statements and the Summer Economic Statement. This page will be updated with confirmed tax rates, bands, and credits once the Minister for Finance delivers the Budget speech on October 6, 2026.
What We Know So Far
The Summer Economic Statement confirmed a total budget package of approximately €8.5 billion, with roughly €1.5 billion earmarked for personal tax reductions. Minister for Finance Simon Harris has described the approach as “making work pay”, signalling a focus on ensuring pay increases and promotions are not eroded by moving into higher tax brackets.
Income Tax Bands
Under discussionWidening the standard rate cut-off (currently €44,000 single) is under discussion. Each €1,000 increase costs ~€230 million.
Tax Credits
Under discussionIncreases to the Personal, PAYE, and Earned Income credits (all currently €2,000) are anticipated to offset wage inflation.
USC Adjustments
Under discussionFurther USC band or rate changes are under consideration. The 3% middle rate and €28,700 2% band ceiling are the current benchmarks.
PRSI Increase (Confirmed)
ConfirmedEmployee PRSI is 4.20% until 30 September 2026 and rises to 4.35% from 1 October 2026 under the legislated roadmap.
PRSI Roadmap: Already Legislated
These PRSI changes are law and will happen regardless of Budget 2027 decisions.
| Year | Jan–Sep Rate | Oct–Dec Rate | Status |
|---|---|---|---|
| 2025 | 4.10% | 4.20% | Historical |
| 2026 (current) | 4.20% | 4.35% | Current (4.20%) |
| 2027 | 4.35% | 4.50% | Legislated |
| 2028 | 4.50% | 4.70% | Legislated |
Your Current Take-Home Pay (2026)
Single, PAYE employee, no pension. Use these as your baseline to compare against once Budget 2027 is announced.
| Gross Salary | Total Deductions | Annual Net | Monthly Net | Effective Rate |
|---|---|---|---|---|
| €30,000 | €3,693 | €26,307 | €2,192 | 12.3% |
| €45,000 | €7,973 | €37,027 | €3,086 | 17.7% |
| €55,000 | €12,693 | €42,307 | €3,526 | 23.1% |
| €70,000 | €19,773 | €50,227 | €4,186 | 28.2% |
| €90,000 | €30,211 | €59,789 | €4,982 | 33.6% |
Figures use 2026 rates from our tax engine. Married couples and the self-employed will see different figures. Use the full calculator for your circumstances.
Check Your Current Take-Home Pay
Enter your salary to see your current 2026 position. Once Budget 2027 is announced on October 6, we will add a side-by-side 2026 vs 2027 comparison here.
Frequently Asked Questions
When is Budget 2027 announced in Ireland?
Budget 2027 is scheduled to be announced on Tuesday, 6 October 2026, by Minister for Finance Simon Harris and Minister for Public Expenditure Jack Chambers in the Dáil.
What tax changes are expected in Budget 2027?
The government has committed to a €1.5 billion personal tax package. Key areas under discussion include widening the income tax standard rate band (currently €44,000 for single earners), possible increases to personal tax credits, and USC adjustments. No specific figures have been confirmed yet.
Will PRSI increase in 2027?
Yes. Under the legislated PRSI roadmap, employee PRSI is 4.20% until 30 September 2026, 4.35% from 1 October 2026, and rises to 4.50% from 1 October 2027.
How much is the Budget 2027 tax package worth?
The Summer Economic Statement confirmed a total budget package of approximately €8.5 billion, of which roughly €1.5 billion is allocated for personal tax reductions. The remainder covers existing cost pressures including public sector pay, healthcare, and infrastructure.
Will this page be updated with confirmed Budget 2027 figures?
Yes. This page will be updated with the confirmed tax rates, bands, and credits as soon as the Minister for Finance announces them on October 6, 2026. A 2026 vs 2027 salary comparison tool will also be activated at that time.
Want the full analysis of what the government has signalled?
Read Our Full Budget 2027 Guide
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