Minister for Public Expenditure Jack Chambers (left) and Minister for Finance Paschal Donohoe at Government Buildings before delivering Budget 2026 on Tuesday. Photograph: Nick Bradshaw
Cuts in VAT and increased public spending in a range of areas left no room in Tuesday’s budget for a repeat of recent giveaways to middle-income workers.
Many people who benefited by €2,000 to €3,000 in last year’s budget from tax changes and “one-off” cash giveaways will see no benefit from the package of measures announced by Minister for Finance Paschal Donohoe and Minister for Public Expenditure Jack Chambers on Tuesday.
As expected, the budget ministers unveiled a series of cuts in VAT for the hospitality industry, on energy and on new apartment sales.
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