Advertisement

News

Budget 2026 Revealed

Core welfare rates are to rise by 10 euro per week, but there's no income tax package in Budget 2026...
Laura Donnelly
Laura Donnelly

4:45 PM - 7 Oct 2025



Budget 2026 Revealed

News

Budget 2026 Revealed

Laura Donnelly
Laura Donnelly

4:45 PM - 7 Oct 2025



Core welfare rates are to rise by 10 euro per week, but there's no income tax package in Budget 2026 beyond a small adjustment to the USC to account for a 65c per hour rise in the minimum wage.

The VAT rate for food and catering businesses will drop to 9% from July 1st next year.

The VAT rate cut to 9% for gas and electricity is to extend to the end of 2030.

Carbon taxes will also rise from tonight on car fuel - The cost of a litre of petrol and diesel will increase by around 2 and a half cent.

There are no energy credits this year.

The VAT rate for the sale of new apartments has been cut, while there will be a new Derelict Property Tax.

There was no cut to the cost of childcare announced, but there was a commitment to fund extra places

The back to school clothing allowance will be provided to two and three year olds.

A Christmas bonus will be paid on social welfare.

A pack of cigarettes will increase by 50c, and students will pay more for student fees than last year, but there is a permanent reduction in the student fee rate to €2,500.

Described as an announcement that rolls over a lot of the measures from last year's budget, without many new benefits for the average worker.



Read more about

Budget2026

You might like