Budget 2027 and your take-home pay

Budget 2027 will be announced on Tuesday 6 October 2026. Nothing has been decided on income tax yet. This page carries the 2026 figures every announced change will be measured against, and we update it with the real numbers on the day.

One change is already locked in, and it is not a Budget measure. 4.2% PRSI becomes 4.35% on 1 October 2026, five days before the Budget is read.

What we know now

The date is confirmed. The Government named Tuesday 6 October 2026 in the Summer Economic Statement published on 22 July 2026. Everything else on income tax is still an option on a list.

The Department of Finance publishes what it has costed. Its Budget 2027 Tax Strategy Group papers set out the price of each move the Government could make, and the Tax Strategy Group met on 9 June 2026 to consider them. A €2,000 rise in the higher-rate threshold, for example, is costed at roughly €460 million in its first year.

Read those numbers as price tags, not decisions. The Department says so itself:

The TSG is not a decision-making body. The papers produced by these Departments are simply a list of options and issues to be considered as part of the Budgetary process.

We will not print an unannounced rate here as though it were law. On 6 October the actual figures replace this section, and the calculators update with them.

Your 2026 baseline

These are the figures in force today. Whatever is announced on Tuesday 6 October 2026 will be an increase or decrease on these, so they are what any headline number should be read against.

Income tax

Standard rate: 20%
Higher rate: 40%
Cut-off, single: €44,000
Cut-off, married one income: €53,000

Tax credits

Personal, single: €2,000
Employee (PAYE): €2,000
Earned income, self-employed: €2,000
Rent, single: €1,000

USC

Exempt below: €13,000
First €12,012: 0.5%
Up to €28,700: 2%
Up to €70,044: 3%
Balance over €70,044: 8%

PRSI, Class A

To 30 September 2026: 4.2%
From 1 October 2026: 4.35%
Exempt at or below: €352/week

Legislated separately, not a Budget 2027 measure.

Want your own number rather than the bands? Work out your take-home on the 2026 figures, then come back on the day and run it again.

What happens here on Tuesday 6 October 2026

The Minister for Finance reads the Budget in the Dáil in the afternoon. Within hours the Department publishes the detail on gov.ie, and that is when the numbers above stop being current.

We update three things that day: the bands, credits, USC and PRSI on this page; every calculator on the site; and a side-by-side showing what the change is worth on a real salary. Rate changes almost always start on 1 January, so what you see in October is what lands in your January payslip.

For the social welfare side of the same Budget, benefits.ie keeps the rates and payment dates.

Remind me before the next Budget changes this

Every October's Budget moves the bands, credits, USC and PRSI, and your take-home with them. Leave your email and we'll send you the new figures the day they land. One email when it matters, one-click unsubscribe.

Budget alerts

One email when the figures change. That's it, no spam.

Budget 2027: common questions

When is Budget 2027?

Budget 2027 will be announced on Tuesday 6 October 2026. The Government confirmed the date in the Summer Economic Statement published on 22 July 2026. Irish budgets are always read on a Tuesday.

What has actually been announced so far?

On income tax, nothing. The Department of Finance has published costed options in its Budget 2027 Tax Strategy Group papers, but the Department states plainly that the group "is not a decision-making body" and that the papers are "simply a list of options and issues to be considered". Treat every figure in them as a price tag, not a decision.

When would any change reach my payslip?

Income tax, USC and PRSI changes announced in a Budget normally take effect from 1 January of the following year. You would see the difference in your first January pay run, not in October.

Is anything changing before the Budget?

Yes. PRSI for employees rises from 4.2% to 4.35% on 1 October 2026, five days before the Budget is read. That increase was legislated separately and is not a Budget 2027 measure.

What is the standard rate cut-off point in 2026?

€44,000 for a single person. Income up to that is taxed at 20%, and anything above it at 40%. A married couple with one income has a cut-off of €53,000.

Sources: the Budget date and package from gov.ie; costed options from the Department of Finance Tax Strategy Group papers; current rates, bands and credits from Revenue.