Ireland's Budget 2027 arrives on 6 October with an €8.5 billion package

The government has set aside €7 billion for extra spending and €1.5 billion for tax reductions, according to the Summer Economic Statement. What newcomers should watch on budget day, and the tax rules that apply until then.

Ireland's Budget 2027 will be presented to the Dáil on Tuesday 6 October 2026. Its size is already known. In the Summer Economic Statement published in July, Tánaiste and Minister for Finance Simon Harris and Jack Chambers, the Minister for Public Expenditure, set an overall package of €8.5 billion: €7 billion in higher public spending and €1.5 billion in tax reductions.

What goes into the €1.5 billion will only be known when the minister stands up. The Irish Times reports that a rise in the income threshold for the 40 per cent rate is expected, together with changes to the Universal Social Charge and tax credits, higher energy supports and measures on childcare and rent. None of this is decided until the budget speech, and tax changes normally take effect from 1 January.

What applies today

In 2026 a single person pays income tax at 20 per cent on the first €44,000 and 40 per cent on the rest, according to Revenue. A married couple or civil partners with one income have €53,000 at the lower rate. A single PAYE employee starts with €4,000 of tax credits, and the Rent Tax Credit, which has been extended to the end of 2028, is worth up to €1,000 for a single renter and €2,000 for a jointly assessed couple.

What it means if you are moving to Ireland

If you are arriving this autumn, get your PPS number and register your job with Revenue's myAccount first. Budget changes reach you through your tax credit certificate, and until your employer has it you can be taxed at the emergency rate. If you rent, claim the Rent Tax Credit for 2026 in myAccount; a higher credit in the budget would apply from 2027. We will report on what the budget means for newcomers on 6 October.

Our guide Revenue, myAccount, USC and PRSI – tax for newcomers in Ireland in 2026 explains the bands, credits and first steps.

Sources: Department of Finance and Department of Public Expenditure, Summer Economic Statement 2026, July 2026; The Irish Times, "Budget 2027 update: from income tax to energy excises and childcare – here's what we know so far", 16 September 2026; Revenue and Citizens Information, tax rates, bands and credits 2026; read 27 September 2026.

Relocate in Europe provides general information, not legal or financial advice. Check with Revenue before you act.