08/10/2026
Budget 2027: key points for businesses and workers
▪️ The national minimum wage is set to rise to €14.94 per hour.
▪️ The employer PRSI threshold will increase from €552 to €600 per week, widening the earnings range covered by the lower employer PRSI rate.
▪️ Income tax: The standard-rate band for a single person increases by €2,500 to €46,500
▪️ Tax credits: The Personal, PAYE and Earned Income Tax Credits each increase by €125 to €2,125
▪️ USC: The entry threshold for the 3% band increases by €1,600
▪️ Rent Tax Credit: Increases to €1,150 for a single person and €2,300 for a jointly assessed couple
▪️ Expanded long-term business finance as well as digitalisation and energy efficiency supports
▪️ A €15 million fund has been announced to support rural pubs.
These measures will affect pay, employment costs and investment opportunities across our local business community. Eligibility requirements and commencement dates will vary by measure.