Budget 2027 includes changes to business tax rules, plus new protections and supports.  

• The Minimum National Wage will rise to €14.94. 

• Employers’ PRSI threshold will rise from €552 to €600 per week. 

• Capital Gains Tax is being reduced from 33% to 31%. 

• Carbon tax on kerosene and natural gas will reduce to €48.50 per tonne. 

• Changes are being made to the Research & Development Tax Credit.  

• Vehicle Registration Tax (VRT) relief for electric vehicles will continue until 31 December 2028. 

• A €15m fund to support rural pubs will be introduced. 
   

From January 2028, employers can make monthly returns to Revenue about non-taxable payments. 
 

• Employment Investment Incentive  

• Start-Up Capital Incentive  

• Start-Up Relief for Entrepreneurs  

• Relief for Investment in Innovative Enterprises (Angel Investor Relief)  

• Corporation tax Small Company start-up Relief 

• The 20% Professional Services Withholding Tax no longer be a flat 20% rate.  Instead, a different rate will apply to each business. 

Ireland’s National Minimum Wage (NMW) will rise to €14.94 an hour for anyone aged 20 or over. This is an increase of 79c on the current rate of €14.15 an hour. 

The employer’s PRSI threshold from €552 to €600 per week for 2027. This will save employers PRSI of between €650 and €700 per employee over a year. 

‘Capital Gains’ are profits made from selling assets. Until now, 33% Capital Gains Tax had to be paid on these profits. CGT is now being reduced to 31%.  
This aims to encourage more entrepreneurs to start and grow and sell their businesses.   

Carbon tax is being reduced kerosene and natural gas to €48.50 per tonne. 

€5000 Vehicle Registration Tax (VRT) relief is currently available for new electric vehicles. This is being extended until 31December 2028. 

VRT rates on more polluting cars in bands 3 to 20 are being increased by 1%

A €15m fund to support rural pubs is being introduced.