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Ireland’s 2026 budget keeps tax bands unchanged, cuts VAT on hospitality and housing, raises minimum wage, and increases spending amid fiscal caution.
Ireland’s 2026 budget, to be announced Tuesday, will keep tax bands unchanged, meaning higher earners pay more on raises, freeing funds for targeted cuts.
A VAT reduction for hospitality is expected, with a potential cut on apartment sales to boost housing.
The rent tax credit returns, and the minimum wage may rise by 65 cents hourly, with adjustments to protect low earners.
No repeat of one-off cost-of-living payments is planned.
Social welfare increases likely align with inflation, while a proposed €500 college fee reduction remains under debate.
The Carers’ Allowance will see gradual changes to its means test.
The government plans a €9.4 billion spending increase, with pressure to balance VAT cuts in hospitality, housing, and energy amid fiscal caution.
El presupuesto de Irlanda para 2026 mantiene sin cambios las franjas impositivas, reduce el IVA en la hostelería y la vivienda, aumenta el salario mínimo y aumenta el gasto en un contexto de cautela fiscal.