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Larger Package of Tax Measures in Budget than Expected

Budget 2027 adds €10 to core welfare payments and raises the top tax threshold, with families set for lower childcare costs and higher credits.

  • On Tuesday, October 6, 2026, Finance Minister Simon Harris and Public Expenditure Minister Jack Chambers unveiled Budget 2027, an €8.65 billion fiscal package targeting the "squeezed middle" through €7 billion in public spending and €1.65 billion in tax reductions.
  • Seeking to address the cost-of-living crisis after last year's unpopular budget, the government capped monthly childcare fees at €550 and Harris increased personal income tax credits by €125 to ease financial burdens on working families.
  • The budget raises the higher 40% income tax threshold to €46,500 and extends fuel excise reductions until February 28, 2027, while introducing a €500 cost of disability payment for long-term recipients.
  • Sinn Féin spokesperson Pearse Doherty criticized the measures, calling the package an "insult to workers" and stating the budget "fails completely," as critics noted most households receive less than €250 in relief.
  • While the plan allocates €20.3 billion for capital investment in 2027, including funding for MetroLink, the Irish Fiscal Advisory Council warned that reliance on transient corporation tax receipts threatens long-term fiscal stability.
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73 Articles

Lean Right

Tax Reform 2027: FOCUS online calculates how taxes and higher social contributions affect singles and families.

·Berlin, Germany
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Center

In January 2027, the limits on contributions are increasing. What exactly does that mean? From what gross income it becomes how expensive – and who is spared.

·Munich, Germany
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Lean Right

The Government incorporated in the draft Budgets Act 2027 a clause that seeks to strengthen the use of personal data to control the delivery of State-funded benefits. The provision appears in 27 of the 33 budget items and opens questions about the limits that will have to the processing of that information. ... Continue reading "Budget 2027: new clause allows to review personal data of those who ask for benefits"

·Concepción, Chile
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Lean Right

The Executive introduced a clause in 27 sections of the Budget Act, which is announced as a new discussion flank. Senator Yasna Provoste has already criticized the measure.

·Las Condes, Chile
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actu.fr broke the news in Rennes, France on Friday, October 2, 2026.
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