This year’s budget responds to rising costs, global uncertainty and infrastructure demands. Measures announced include increased support for housing, enhancements to the R&D tax credit, and adjustments to personal and business taxation. Further detail will be set out in the Finance Bill in the coming days.
Data quality (37%) and data tracking (28%) are the top two impediments to producing a sustainability report.
37%
Most businesses already produce a sustainability report.
65%
10 tax-related predictions for Budget 2026
Businesses plan to increase investment in sustainability initiatives in 2023.
68%
Budget 2026 Hub
Forvis Mazars analysis of Budget 2026
Budget 2026 was delivered to the Dáil on 7 October by Ministers Paschal Donohoe and Jack Chambers.
Over a third are “completely ready” to meet new ESG reporting requirements; another 38% are “mostly ready”.
36%
"In a year where government policy balances prudence with targeted investment, many businesses will be seeking clarity, simplification and long-term certainty. We remain closely engaged with these developments and are committed to helping our clients make informed decisions, adapt with confidence, and take advantage of opportunities as they emerge."
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Gerry Vahey
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Head of Tax
In their addresses, both ministers emphasised the need to balance short-term pressures with long-term planning. The €9.4 billion package reflects this approach, combining targeted investment with cautious fiscal management.
The Forvis Mazars tax team has prepared a full summary and in-depth analysis of the key measures. You can explore the report below.
Research and Development (R&D) Tax Credit: The R&D tax credit has been increased, with the first-year threshold rising from €50,000 to €75,000 to encourage further investment in innovation.
Employment Investment Incentive (EII) Scheme: The EII scheme has seen a doubling of the investment limit from €500,000 to €1 million, providing more significant incentives for angel investors and supporting high-potential start-ups.
USC Reduction: The Universal Social Charge (USC) rate has been reduced, with the entry threshold for the new 3% rate increased by €1,622 to €27,382, indirectly supporting both businesses and employees by increasing disposable income.
Inheritance Tax Changes: The Capital Acquisitions Tax (CAT) threshold for children inheriting from their parents has been raised from €335,000 to €400,000, benefiting family businesses and succession planning.
Stamp Duty Increase: For properties valued over €1.5 million, the stamp duty rate has been raised to 6%, affecting transactions involving high-value commercial properties or business-related real estate investments.
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Landlord Relief: The pre-letting expenses relief for landlords has been extended until the end of 2027, encouraging the rental sector and providing relief for business property owners.
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Energy Subsidy Scheme: A new Energy Subsidy Scheme worth €170 million has been introduced to help businesses in retail and hospitality companies cope with rising energy costs.
Foreign Dividends Tax Exemption: A partial exemption for foreign dividends for companies has been introduced, providing relief for multinationals operating in Ireland with overseas earnings.
Benefit-in-Kind (BIK) Extension: The temporary relief on the Benefit-in-Kind regime for company cars has been extended for another year, easing costs for businesses that provide vehicles to employees.
Carbon Tax Increase: The carbon tax on petrol and diesel has been increased from €56 to €63.50 per tonne, impacting businesses reliant on transport and logistics but encouraging a shift towards greener practices.
These changes aim to boost innovation, investment, and regional development in SMEs and innovative start-ups.
Watch
Budget 2025 Briefing live webcast
Our expert panel offer insights into the impact of Budget 2025 on business and the economy.
Our live webcast Budget 2025 Briefing on 2 October 2025 is an in-depth discussion of the key announcements made in the budget and their impact on you and your business.
This year, we were delighted to welcome Professor Alan Barrett, CEO of the Economic and Social Research Institute (ESRI), as guest speaker. Alan shares his perspective on Budget 2025 and the broader economic landscape.
Forvis Mazars
Budget 2025 Briefing
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Finance Bill 2024
Finance Bill 2024
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Supports for businesses and other measures from Budget 2026.
Businesses tax
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Changes to employment tax in Budget 2026
Employment tax
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A summary of personal tax rates and bands in Budget 2026
Personal tax
Budget 2026 analysis
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Ensuring the right skills are available when and where you need them.
Employment tax & global mobility
> Read more
Providing clarity in the tangled world of global taxation.
International tax
> Read more
Insight and innovation to guide you through an ever-evolving tax landscape.
Tax
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Insight and innovation to help you navigate the dynamic landscape of financial services tax.
> Read more
As regulatory and tax environments become increasingly complex, Transfer Pricing has become a top priority for multinational organisations operating in Ireland and beyond.
Transfer pricing
Financial services tax
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VAT and indirect tax
VAT and indirect taxes need careful planning as they make up an ever-larger part of the tax take.
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A global approach that maximises tax benefits.
> Read more
Smart independent tax advice for senior executives, business owners and high net-worth individuals.
Private client tax
R&D tax credits
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Strategies and solutions to help you stay compliant in an evolving environment.
Related pages
National & domestic tax
Contact
Gerry Vahey
Contact
Partner, Head of Tax - Dublin
Gerry Vahey
Contact
Partner, Head of Tax - Dublin
Stephen Gahan
Contact
Partner, Tax - Cork
Stephen Gahan
Contact
Partner, Tax - Cork
Gerry Vahey
Contact
Partner, Head of Tax - Dublin
Frank Greene
Contact
Partner, Tax - Dublin
Stephen Gahan
Contact
Partner, Tax - Cork
Claire Healy
Contact
Partner, International Tax - Dublin
Gerry Vahey
Contact
Partner, Head of Tax - Dublin
Cormac Kelleher
Contact
Partner, International Tax - Dublin
Stephen Gahan
Contact
Partner, Tax - Cork
Ken Killoran
Contact
Partner, Tax - Dublin
Gerry Vahey
Contact
Partner, Head of Tax - Dublin
Paul Mee
Contact
Partner, Tax - Galway
Stephen Gahan
Contact
Partner, Tax - Cork
Alan Murray
Contact
Partner, Tax - Dublin
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Changes to indirect taxes in Budget 2026.
Indirect tax
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How Budget 2026 affects the property and industry
Property and infrastructure
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Changes in relation to financial services with Budget 2026
Financial services
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Summary of personal tax rates and bands
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Example scenarios
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With growing regulatory and tax complexity, Transfer Pricing is now a key focus for multinationals in Ireland and beyond.
Transfer pricing
Insight and innovation to help you navigate the dynamic landscape of financial services tax.
Financial services tax
> Read more
VAT and indirect taxes need careful planning as they make up an ever-larger part of the tax take.
VAT and indirect tax
> Read more
Providing clarity in the tangled world of global taxation..
International tax
> Read more
Insight and innovation to guide you through an ever-evolving tax landscape.
Tax
A global approach that maximises tax benefits.
R&D tax credits
> Read more
Smart independent tax advice for senior executives, business owners and high net-worth individuals.
Private client tax
> Read more
Strategies and solutions to help you stay compliant in an evolving environment.
National & domestic tax
Related pages
> Read more
Ensuring the right skills are available when and where you need them.
Employment tax & global mobility
> Read more
With growing regulatory and tax complexity, Transfer Pricing is now a key focus for multinationals in Ireland and beyond.
Transfer pricing
Insight and innovation to help you navigate the dynamic landscape of financial services tax.
Financial services tax
> Read more
VAT and indirect taxes need careful planning as they make up an ever-larger part of the tax take.
VAT and indirect tax
> Read more
Providing clarity in the tangled world of global taxation..
International tax
> Read more
Insight and innovation to guide you through an ever-evolving tax landscape.
Tax
> Read more
A global approach that maximises tax benefits.
R&D tax credits
> Read more
Smart independent tax advice for senior executives, business owners and high net-worth individuals.
Private client tax
> Read more
Strategies and solutions to help you stay compliant in an evolving environment.
National & domestic tax
Related pages
> Read more
Ensuring the right skills are available when and where you need them.
Employment tax & global mobility
Contact
Contact
Partner, Head of Tax - Dublin
Gerry Vahey
Contact
Partner, Tax - Cork
Stephen Gahan
Contact
Partner, Tax - Dublin
Frank Greene
Contact
Partner, International Tax - Dublin
Claire Healy
Contact
Partner, International Tax - Dublin
Cormac Kelleher
Contact
Partner, Tax - Dublin
Ken Killoran
Contact
Partner, Tax - Galway
Paul Mee
Contact
Partner, Tax - Dublin
Alan Murray
> Read more
With growing regulatory and tax complexity, Transfer Pricing is now a key focus for multinationals in Ireland and beyond.
Transfer pricing
Insight and innovation to help you navigate the dynamic landscape of financial services tax.
Financial services tax
> Read more
VAT and indirect taxes need careful planning as they make up an ever-larger part of the tax take.
VAT and indirect tax
> Read more
Providing clarity in the tangled world of global taxation..
International tax
> Read more
Insight and innovation to guide you through an ever-evolving tax landscape.
Tax
Related pages
> Read more
Ensuring the right skills are available when and where you need them.
Employment tax & global mobility
> Read more
With growing regulatory and tax complexity, Transfer Pricing is now a key focus for multinationals in Ireland and beyond.
Housing
Insight and innovation to help you navigate the dynamic landscape of financial services tax.
Financial services tax
> Read more
> Read more
Download the summary
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Changes and updates to indirect taxes in Budget 2026
Indirect tax
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A note from our Head of Tax
Budget 2026 key points
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The Finance Bill 2025 contains many tax measures targeted at combating the housing crisis.
Finance Bill 2025 - housing and property
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The Irish Government published Finance Bill 2025 (the Bill) on 16 October 2025.
Finance Bill 2025
Finance Bill 2025
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Changes to employment tax in Budget 2026
Employment tax
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A summary of personal tax rates and bands in Budget 2026
Personal tax
Budget analysis