The 20% band widens by €2,500 to €46,500, the main tax credits rise by €125 each, and the 2% USC band stretches to €30,300. That means someone earning €50,000 will pay over €700 less a year in income tax and USC, and a two-income couple on €100,000 will save around €1,500.

Housing gets plenty of attention too. Renters get a bigger rent tax credit of €1,150, or €2,300 for couples, first-time buyers can now get up to €35,000 through Help to Buy, and homeowners can earn up to €16,000 tax-free from renting out a room, now including new garden units.

For savers, the headline is the new Irish Investment Account, opening on 1 July 2027 with the first €50,000 tax-free and no deemed disposal. Anyone already holding investment funds or life assurance investments will also see the tax on their gains fall from 38% to 35% from January.

Business owners and families have reasons to be pleased as well. Capital Gains Tax falls from 33% to 31% and the tax-free thresholds for gifts and inheritances go up, with both changes applying from 7 October 2026.

Employers get a higher PRSI threshold and the option of monthly payroll reporting, while the R&D tax credit and start-up reliefs have been strengthened.

There's help with energy costs too, with the carbon tax on home heating oil and gas cut to €48.50 per tonne and frozen, and farmers will welcome the doubling of the succession partnership credit to €10,000 a year.

Most measures still need the Finance Bill to pass, so some details may change, but overall this is a Budget that gives money back while keeping the public finances in surplus.

At Gilheany & co , we're here to help you make sense of it all and to make sure you're getting the benefit of every relief and credit you're entitled to. If you're wondering how any of this affects you or your business, just get in touch.

Budgets can be a lot to take in, so we've done the hard work for you. Our summary pulls together the changes that matter most, from tax and USC to housing, families and business, and explains them in plain English.

You can read it here, download it to keep, or listen to our Budget podcast if you'd rather take it in on the go. And if anything leaves you scratching your head, the team at Gilheany & co is only a call or an email away.

This is the Government's own guide to Budget 2027. It sets out where public money is going next year, from health and housing to education and climate action, along with the main tax and spending changes.

It's a handy read if you'd like the official version without wading through the full Finance Bill. 

You'll find the headline changes to tax bands, credits and allowances, plus social welfare supports, all in one place.

We'd suggest reading it alongside our own summary and thinking about how the changes fit with your plans for the year ahead. And if you'd like to talk any of it through, just get in touch with us here at Gilheany & co .