Budget 2027
Budget 2027: What It Means for You
Budget 2027 was announced on 6 October, with changes affecting personal finances, investments, pensions, employee benefits and Irish businesses.
Our team has reviewed the key measures and what they could mean in practice. Explore the highlights below or download our Budget Summary for a more detailed overview.
Budget 2027 Updates
Our Development Lead – Pensions and Employee Benefits, Alan Fearon, gives a quick overview of some of the key measures from a financial planning perspective.
Predictions V Reality
Alan Fearon made a few Budget 2027 predictions ahead of today’s announcement. In the video below, he looks at what got over the line, what didn’t, and what might have surprised us.
Budget 2027: Predictions vs Reality
Ahead of Budget Day, we asked members of the LHK Group team what measures they’ll be watching most closely and what changes they would like to see announced.
BUDGET 2027 | ADVISOR PREDICTION
Carmel Dowd CFP CGMA QFA MSc | Head of Financial Advisory
The proposed Personal Investment Account could be an important step in making investing simpler and more attractive for Irish savers.
One of the main areas I will be focusing on for our clients is savings & Investments. We have noticed increase demand for saving & investment products over the last number of years, however some investors are discouraged due to the current tax regime, the proposed Personal Investment Account (PIA) could help address it.
The PIA has the potential to simplify investing and encourage more people to put their money to work rather than leaving it in low-interest deposit accounts. If it’s brought in as expected, the new tax-incentivised account could provide a more attractive and straightforward way for people to build wealth, particularly if a meaningful tax-free allowance is introduced.
Greater simplicity could be another great advantage. The current taxation rules for shares, funds and other investment products can be difficult for investors to navigate and often act as a barrier to investing. A simplified structure would make investing more accessible and easier to grasp.
I will also be watching developments in areas such as income tax thresholds, pensions and capital taxes. While significant changes to investment taxation and deemed disposal rules appear unlikely in this Budget, any measures that make investing simpler and encourage long-term financial planning would be a welcome development for Irish savers and investors.
BUDGET 2027 | ADVISOR PREDICTION
Alan Fearon | Development Lead – Pensions & Employee Benefits
I think we could see changes to make entrepreneurship and investment more rewarding
Exit Tax: I would both like and expect to see alignment of Capital Gains Tax (CGT), Exit Tax and Deposit Interest Retention Tax (DIRT): The wish is for Exit Tax to continue its journey down from 38% to align with CGT and DIRT, which currently sit at 33%.
Capital Gains Tax (CGT): There’s a lot of talk about making Ireland more attractive and advantageous for entrepreneurs. With CGT at 33%, which is high by European standards, I think we could see changes to make entrepreneurship and investment more rewarding.
Inheritance Tax: The Group A threshold was at €542,444 in 2009 and currently stands at €400,000. Given today’s property prices, I’d welcome increases to both the Group A and Group B thresholds.
Pensions (my wish list item): I don’t expect this to happen, but I think it should. While the Standard Fund Threshold (SFT) is due to rise from €2m in 2025 to €2.8m by 2029, the maximum tax-free lump sum remains capped at €500,000. I’d love to see that increase to €700,000 by 2029, bringing it back in line with 25% of the projected fund threshold.
BUDGET 2027 | ADVISOR PREDICTION
Turlough Gray QFA MSc | Financial AdvisorÂ
As costs continue to increase, measures that put more money back into people’s pockets would be very welcome.
One of the areas I’ll be watching most closely on Budget Day is the proposed Personal Investment Account and whether it can encourage more people to start investing. There has been a lot of discussion around the amount of money sitting in deposit accounts across Ireland, and this could be an opportunity to help savers put their money to work.
I’d also like to see changes that support both businesses and working families, including broader income tax bands and lower PRSI contributions. As costs continue to increase, measures that put more money back into people’s pockets would be very welcome.
Most importantly, any financial decisions made following the Budget should be based on individual circumstances and guided by professional advice.
Sign up for updates
The Budget affects everything from tax and pensions to savings, investments and business planning.
Sign up below and we’ll send you our straightforward Budget 2027 summary highlighting the announcements affecting individuals, families and businesses.
Budget 2027 Sign Up Form
Have Questions?
The impact of the Budget will be different for everyone.
If you’d like to discuss how any of the announced measures could affect your finances, retirement plans or business, our advisors are here to help.
Why LHK Group?
Established in 1938, LHK Group is an award-winning insurance brokerage and financial advisory firm with offices in Dublin and Drogheda.
Our advisors work with individuals, families and businesses across Ireland, helping clients make informed decisions around pensions, investments, employee benefits, insurance, mortgages and financial planning.
Through our Budget 2027 Hub, we will be providing practical guidance to help you understand what the latest announcements could mean for you.
Guaranteed Irish Business Awards 2026
Gold Award at the Guaranteed Irish Business Awards 2026 in the Dublin Royal Dublin Convention Centre.
European Pension Awards 2026
Nominated in three categories at the European Pension Awards 2026 in the Marriott Hotel, Grosvenor Square, London.
