Budget 2027 was announced on Tuesday 6 October 2026. The standard rate band rises by €2,500 to €46,500 for a single person, the Personal, Employee and Earned Income credits each rise by €125 to €2,125, and the USC 2% band now runs to €30,300. Enter your salary to see what that changes in your pay from 1 January 2027.
The calculator runs your salary through today's rules and the confirmed 2027 rules side by side. PRSI is held at 4.35% in both columns, so the difference shown is the Budget alone. Married couples with two incomes get the €55,500 band plus up to €37,500 for the lower earner (€93,000 at most), and USC and PRSI are charged on each person separately. Add the rent you pay to include the Rent Tax Credit (up from €1,000 to €1,150, or €2,000 to €2,300 for couples), and tick the Home Carer Tax Credit if one spouse cares at home (up from €1,950 to €2,050). Every figure comes from the Department of Finance's Budget 2027 tax book.
A single employee on €50,000 pays €750 less income tax and €16 less USC a year, €766 in total. The wider band is worth €500 to anyone earning over €46,500 and the €125 rise in each of the Personal and Employee credits adds another €250. The USC change is worth at most €16 to a single earner, because it only moves income between €28,700 and €30,300 from the 3% rate to the 2% rate.
The Income Tax, USC and tax credit changes apply from 1 January 2027. A few measures start sooner: the 31% Capital Gains Tax rate, the higher Capital Acquisitions Tax thresholds and the €35,000 Help to Buy limit all apply from 7 October 2026. The 35% exit tax rate and the extra 1 percentage point on VRT start on 1 January 2027.
The Department's tables blend PRSI across the calendar year, so their net change includes the PRSI rises to 4.35% (October 2026) and 4.5% (October 2027). Those were legislated earlier and are not Budget 2027 measures, so this page keeps PRSI at 4.35% in both columns. Income Tax and USC match the Department's published tables to the euro.
No. The rates stay at 0.5%, 2%, 3% and 8%, and the €13,000 exemption is unchanged. Only the top of the 2% band moved, from €28,700 to €30,300, so a full-time worker on the new minimum wage of €14.94 an hour stays out of the 3% band.
Figures are estimates for informational purposes only, based on the assumptions you enter, and are not tax advice. Consult a tax advisor or Revenue.ie before making financial decisions.