Budget 2027 was presented on 6 October 2026, but the announcement date is not the start date for every measure. Revenue describes the statement as tax and spending proposals for 2027 and says legislation will be amended where necessary, with a Finance Bill to be introduced and debated. [1]

For an Irish household or small business, the useful reading habit is to write three things beside a measure: what changes, when it applies and which official source explains its conditions. That prevents a future proposal from becoming an assumption about this month’s payslip, invoice or application.

One October change is already shown in Revenue guidance

Revenue’s current capital gains tax guidance says the rate for most gains changed to 31% on 7 October 2026. [2] The date matters alongside the rate. Historical examples on the same page concern earlier disposals and should not be mistaken for instructions covering every new transaction.

A standard rate also does not establish that every gain is taxed identically or that a person owes a particular amount. Exemptions, reliefs and the nature of a transaction require their own assessment. Use the current official rules and, where needed, qualified tax advice rather than applying a headline percentage to an asset’s sale price.

Other announcements concern the year ahead

The Department of Enterprise’s 7 October budget announcement describes a proposed €2,500 increase in the standard-rate income-tax cutoff to €46,500, with proportionate changes for couples, and €125 increases in the Personal, PAYE and Earned Income Tax Credits. [4]

The National Enterprise Hub’s summary lists a minimum wage of €14.94 for people aged 20 or over and an employer PRSI threshold of €600 per week for 2027. It also identifies a later measure allowing monthly returns for non-taxable employer payments from January 2028. [3]

Keep those timeframes distinct. Before changing payroll settings or estimating take-home pay, confirm the implementing rules and applicable date with the relevant official guidance or payroll adviser. A credit, tax band and employer contribution threshold are different parts of the system; they cannot be added together as if each were a cash payment to the same person.

A funding announcement is not an open application

The department also announces €3 million for establishing Start Up Ireland and additional funding for Local Enterprise Offices. [4] Those allocations describe a policy and funding direction. The announcement alone does not confirm that an individual founder can apply immediately or will receive support.

For a scheme that interests you, look for an administering body, live application page, eligibility criteria and closing date. Save the details once they exist. If a launch is still pending, put a reminder to check the official body rather than treating an allocation as money already available to your business.

Make a short implementation record

For each relevant measure, note the source link, the date you checked it, the stated effective date and anything still awaiting clarification. Return to that record when the legislation, payroll guidance or scheme terms are published.

This is a guide to reading the timing of Budget measures, not a calculation of an individual tax liability or benefit entitlement. Sources were checked on 12 October 2026.