Your Complete Guide to Budget 2026

The USC threshold increase gives a small benefit to middle earners. The extension of various property reliefs and the expansion of the Living City Initiative show a continued focus on housing. Businesses get significant boosts through enhanced R&D credits and construction deductions, and farmers get extensions to various reliefs, though the flat rate addition is coming down.

The reduction in tax on life assurance and investment funds is probably the most significant personal tax change for savers and investors. And the taper on mortgage interest relief shows the government starting to wind down that emergency support as interest rates stabilise.

Carbon taxes continue their steady upward march, so we’re all paying more for emissions intensive activities. And the hospitality sector will welcome the VAT reduction, which should help with competitiveness.

Overall, this budget is about consolidation and targeted support rather than sweeping changes. It’s maintaining support in key areas while gradually adjusting some measures as circumstances change.

If you have any questions about how these changes affect you or your business, just get in touch with us.

At Michael F Dolan, we’re here to help you understand what it all means and to make sure you’re getting the benefit of every relief and credit you’re entitled to.

Understand the Real Impact
Budget measures can be complex, and headlines don’t always tell the full story. In this podcast, Michael F Dolan explains how the changes affect both individuals and businesses in practical terms.

From income tax adjustments to supports for SMEs, we focus on what really matters, giving you a clearer picture of the financial year ahead.

On-Demand and Accessible
We know time is valuable. That’s why our Budget 2026 podcast is available to stream whenever it suits you — whether you’re at your desk, driving, or relaxing at home.

In under 20 minutes, Michael F Dolan delivers the updates you need to know, helping you stay informed without disrupting your schedule.

Our budget summary provides you with key financial updates and essential changes from the current budget, helping your business stay informed and prepared.

At Michael F Dolan, we offer a clear and concise breakdown of the latest budget, ensuring you understand the important changes that may affect your business.

Michael F Dolan is dedicated to helping businesses like yours stay up to date with any new budget changes, ensuring you are always prepared for the year ahead.

Our detailed summary gives you the latest information directly, so you can quickly adapt to any changes impacting your business operations.

Budget 2026 sets out the Government’s priorities for the year ahead, outlining how public funds will be allocated across key sectors such as health, housing, education, and climate action.

It also details the main tax and spending measures that will influence both individuals and businesses over the coming months. Understanding these changes early allows business owners to prepare, adapt, and identify new opportunities arising from policy updates.

For our clients, this summary provides a clear and accessible overview of the national budget without the complexity of the full Finance Bill. It highlights the measures most relevant to Irish taxpayers and SMEs, including updates to tax bands, credits, allowances, and social welfare supports.

We recommend reviewing this guide alongside your financial plans for the year to assess how Budget 2026 may affect your business and personal finances.