Budget 2027: how much more you will take home
Budget 2027 was announced on 6 October 2026. It widens the 20% tax band, raises the main tax credits and widens the 2% USC band from January 2027. Here is what it means for your pay.
What changes in January 2027
- The 20% standard rate band rises by €2,500 to €46,500 for a single person and to €55,500 for a married couple with one income.
- The personal, employee and earned income tax credits each rise by €125 to €2,125.
- The 2% USC band now ends at €30,300 instead of €28,700.
- The rent tax credit rises to €1,150 for a single person.
- The minimum wage rises to €14.94 an hour.
- Employee PRSI rises again by 0.15 points, to 4.5%, on 1 October 2027.
Take-home pay in 2026 and 2027
| Gross salary | Net 2026 | Net 2027 | Gain a year | Gain a month |
|---|---|---|---|---|
| €25,000 | €22,593 | €22,843 | +€250 | +€21 |
| €30,000 | €26,262 | €26,525 | +€263 | +€22 |
| €35,000 | €29,895 | €30,161 | +€266 | +€22 |
| €40,000 | €33,527 | €33,793 | +€266 | +€22 |
| €45,000 | €36,960 | €37,426 | +€466 | +€39 |
| €50,000 | €39,592 | €40,358 | +€766 | +€64 |
| €60,000 | €44,857 | €45,623 | +€766 | +€64 |
| €70,000 | €50,122 | €50,888 | +€766 | +€64 |
| €80,000 | €54,889 | €55,655 | +€766 | +€64 |
| €100,000 | €64,419 | €65,185 | +€766 | +€64 |
| €150,000 | €88,244 | €89,010 | +€766 | +€64 |
Single PAYE employee with standard credits. Both years use PRSI at 4.35%; the October 2027 rise to 4.5% will reduce the 2027 gain slightly for the last three months of the year.
Married couples
A married couple with one income of €60,000 takes home €48,657 in 2026 and €49,548 in 2027, a gain of €891 a year. Two-income couples can share a band of up to €93,000 in 2027.
Choose 2027 in the calculator to see your own figure.