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ARTICLE · 10 OCTOBER 2025

Budget 2026

William Fry LLP
William Fry LLP
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William Fry LLP

William Fry LLP

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The Minister announced a range of tax cuts and expenditure measures worth €9.4 billion, along with an overall Budget surplus for 2026 of €5.1 billion.

IrelandTax
Sonya Manzor
Sonya Manzor
Ted McGrath
Ted McGrath
Colin Bolger
Colin Bolger
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Budget 2026 was announced on 7 October 2025. It is the first Budget of this Government's term and described by the Minister as an investment in our future while securing the jobs, prosperity and stability of today.

The Minister announced a range of tax cuts and expenditure measures worth €9.4 billion, along with an overall Budget surplus for 2026 of €5.1 billion. It was also announced that Ireland will continue to invest in the two long-term savings funds established in 2025, which are projected to have built up around €24 billion by the end of next year.

Several measures were announced to tackle the housing crisis and increase much-needed supply. The key measures include a capital investment of €5 billion to support housing delivery next year and an additional €200 million in external funding to finance homebuilders through Home Building Finance Ireland. The Minister announced that the VAT rate on the sale of completed apartments will be reduced from 13.5% to 9%

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