Budget 2027 in short
Announced on 6 October 2026, mostly from 1 January 2027: the personal, employee (PAYE) and earned income credits rise by €125 to €2,125. The Home Carer credit rises by €100 to €2,050. The Rent Tax Credit rises to €1,150 (€2,300 for a jointly assessed couple). The 20% band rises by €2,500 to €46,500 for a single person. The USC 2% band now reaches €30,300. Tax rates stay at 20% and 40%. These become law when the Finance Bill passes.
Tax credits (€ per year)
Key: 2022–2026: Revenue's published figures; 2027: announced in Budget 2027; 2027 "no change": none announced; ◆ 2027 to confirm when Revenue publishes.
| Item | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 (Budget) |
|---|---|---|---|---|---|---|
| Single person | €1,700 | €1,775 | €1,875 | €2,000 | €2,000 | €2,125Budget 2027 |
| Married person or civil partnerFollows the €125 increase in the personal credit | €3,400 | €3,550 | €3,750 | €4,000 | €4,000 | €4,250To confirm |
| Widowed person or surviving civil partner, with dependent children | €1,700 | €1,775 | €1,875 | €2,000 | €2,000 | €2,125To confirm |
| Widowed person or surviving civil partner, without dependent children | €2,240 | €2,315 | €2,415 | €2,540 | €2,540 | -To confirm |
| Widowed person or surviving civil partner, year of bereavement | €3,400 | €3,550 | €3,750 | €4,000 | €4,000 | €4,250To confirm |
| Widowed parent, 1st year after death | €3,600 | €3,600 | €3,600 | €3,600 | €3,600 | €3,600No change announced |
| Widowed parent, 2nd year | €3,150 | €3,150 | €3,150 | €3,150 | €3,150 | €3,150No change announced |
| Widowed parent, 3rd year | €2,700 | €2,700 | €2,700 | €2,700 | €2,700 | €2,700No change announced |
| Widowed parent, 4th year | €2,250 | €2,250 | €2,250 | €2,250 | €2,250 | €2,250No change announced |
| Widowed parent, 5th year | €1,800 | €1,800 | €1,800 | €1,800 | €1,800 | €1,800No change announced |
| Single Person Child Carer Credit | €1,650 | €1,650 | €1,750 | €1,900 | €1,900 | €1,900No change announced |
| Employee (PAYE) tax credit | €1,700 | €1,775 | €1,875 | €2,000 | €2,000 | €2,125Budget 2027 |
| Earned Income tax credit (max) | €1,700 | €1,775 | €1,875 | €2,000 | €2,000 | €2,125Budget 2027 |
| Home Carer tax credit (max) | €1,600 | €1,700 | €1,800 | €1,950 | €1,950 | €2,050Budget 2027 |
| Age tax credit, single or widowed | €245 | €245 | €245 | €245 | €245 | €245No change announced |
| Age tax credit, married or civil partners | €490 | €490 | €490 | €490 | €490 | €490No change announced |
| Incapacitated Child tax credit | €3,300 | €3,300 | €3,500 | €3,800 | €3,800 | €3,800No change announced |
| Dependent Relative tax credit | €245 | €245 | €245 | €305 | €305 | €305No change announced |
| Dependent relative's income limitChanges each year with the State Pension | €16,156 | €16,780 | €17,404 | €18,028 | €18,548 | -To confirm |
| Blind person, single (or one spouse blind) | €1,650 | €1,650 | €1,650 | €1,950 | €1,950 | €1,950No change announced |
| Blind person, both spouses blind | €3,300 | €3,300 | €3,300 | €3,900 | €3,900 | €3,900No change announced |
| Guide dog allowance | €825 | €825 | €825 | €825 | €825 | €825No change announced |
| Rent Tax Credit, single person (max) | €500 | €750 | €1,000 | €1,000 | €1,000 | €1,150Budget 2027 |
| Rent Tax Credit, jointly assessed couple (max) | €1,000 | €1,500 | €2,000 | €2,000 | €2,000 | €2,300Budget 2027 |
| Mortgage Interest Tax Credit (max)No extension for 2027 was announced in Budget 2027 | €0 | €0 | €1,250 | €1,250 | €1,250 | -To confirm |
Standard rate bands (income taxed at 20%; the rest at 40%)
| Item | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 (Budget) |
|---|---|---|---|---|---|---|
| Single or widowed, no qualifying children | €36,800 | €40,000 | €42,000 | €44,000 | €44,000 | €46,500Budget 2027 |
| Single or widowed, qualifying for Single Person Child Carer CreditBudget announced proportionate increases | €40,800 | €44,000 | €46,000 | €48,000 | €48,000 | €50,500To confirm |
| Married or civil partners, one incomeBudget announced proportionate increases | €45,800 | €49,000 | €51,000 | €53,000 | €53,000 | €55,500To confirm |
| Married or civil partners, two incomes: extra band for second earner (max) | €27,800 | €31,000 | €33,000 | €35,000 | €35,000 | -To confirm |
Universal Social Charge (USC)
| Item | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 (Budget) |
|---|---|---|---|---|---|---|
| 0.5% on income up to | €12,012 | €12,012 | €12,012 | €12,012 | €12,012 | €12,012No change announced |
| 2% on income up to | €21,295 | €22,920 | €25,760 | €27,382 | €28,700 | €30,300Budget 2027 |
| Middle rate on income up to | €70,044 | €70,044 | €70,044 | €70,044 | €70,044 | €70,044No change announced |
| Middle rate | 4.5% | 4.5% | 4% | 3% | 3% | 3%No change announced |
| 8% on income above | €70,044 | €70,044 | €70,044 | €70,044 | €70,044 | €70,044No change announced |
If your total income is €13,000 or less, you don't pay USC. Reduced rates apply in some cases, for example to some people over 70 and some medical card holders.
Other Budget 2027 changes for individuals
- Rent-a-room relief limit rises from €14,000 to €16,000 a year from 1 January 2027.
- Help to Buy maximum rises from €30,000 to €35,000 (applies immediately).
- Income under €13,000 stays exempt from USC.
- Income tax rates stay at 20% and 40%.
Sources
Revenue, "Tax rates, bands and reliefs" and "Standard rates and thresholds of USC" (both published 1 January 2026). Citizens Information and gov.ie, "Budget 2027" (6 October 2026). Figures last checked 17 October 2026.
General information, not advice on your own situation. TaxMind checks your record before filing anything.
