For general information only. Not financial, tax, or legal advice — always verify with Revenue.ie or a qualified tax advisor.
Budget 2027 · Announced 6 October 2026
Budget 2027: what it means for your pay.
The 20% band is wider, tax credits are €125 higher each and the USC 2% band now reaches €30,300. PRSI keeps rising. Enter your salary to see how your take-home pay changes from 2026 to 2027.
2026 take-home
€39,398
2027 take-home
€40,089
Difference
+€691/yr
€58/month
What changed
| Item | 2026 | 2027 |
|---|---|---|
| 20% income tax band (single) | €44,000 | €46,500 |
| 20% band (married, one income) | €53,000 | €55,500 |
| Personal tax credit (single) | €1,875 | €2,000 |
| Employee (PAYE) tax credit | €1,875 | €2,000 |
| Earned income credit | €1,875 | €2,000 |
| USC 2% band ceiling | €28,700 | €30,300 |
| Employee PRSI | 4.2% → 4.35% (Oct) | 4.35% → 4.5% (Oct) |
| Employer PRSI lower-rate threshold | €552/week | €600/week |
Budget 2027 winners by salary
| Gross salary | Single: gain/yr | Married one income: gain/yr |
|---|---|---|
| €30,000 | +€218 | +€343 |
| €40,000 | +€206 | +€331 |
| €50,000 | +€691 | +€316 |
| €60,000 | +€676 | +€801 |
| €80,000 | +€646 | +€771 |
| €100,000 | +€616 | +€741 |
PAYE Class A employee aged 35. No pension, benefits or other credits. Annual PRSI is averaged across the October rate change.
Budget 2027 FAQs
When do the Budget 2027 tax changes start?
The income tax, USC and tax credit changes apply from 1 January 2027. Employee PRSI rises from 4.35% to 4.5% on 1 October 2027.
How much better off will I be after Budget 2027?
A single PAYE worker on €50,000 keeps roughly €690 more a year in 2027 than in 2026. That comes from the wider 20% band, €250 more in tax credits and the wider USC 2% band. The PRSI increase takes back part of this. Use the calculator on this page for your own salary.
Did the 40% tax rate change in Budget 2027?
No. The rates stay at 20% and 40%. The point where the 40% rate starts rose by €2,500, to €46,500 for a single person.
What happened to USC in Budget 2027?
The USC rates did not change. The 2% band was widened by €1,600, to €30,300, so less income is charged at the 3% rate.