Budget 2027: Everything we know about rent, tax and pints

The Budget will be announced at 1pm today.

As reported by the Irish Examiner at the Fianna Fáil think-in, one of his colleagues had joked the public expenditure minister was becoming "Jack Thatcher" because he had become so tight-fisted with the finances.

Money in your pocket

The level at which workers will start paying the higher rate of income tax will rise from €44,000 to €46,500, and personal tax credits will rise by €125 per person.

This means a couple earning €100,000 between them would be €1,500 better off over the course of a year, while a single person on €50,000 per year would be €750 better off.

A €5 increase in the Fuel Allowance is on its way. 465,000 households will recieve a total of €1,200 in payments.

The first-ever cost-of-disability payment will be €500 - payable in a lump sum in January 2027.

A €6 increase in the Child Support Payment for both under and over 12s, brings rates to €64 and €84.

The State pension is to increase by €10 weekly, as are other core social welfare rates.

Housing

The amount available for first-time buyers under the Help-to-Buy Scheme is to increase by €5,000, to €35,000.

The scheme currently gives first-time buyers a tax refund of up to 10% of the purchase price of a new or self-build home, capped at a maximum of €30,000, this will now increase.

The rent tax credit is expected to increase by €150 for single people from €1,000 and €300 for couples, previously it was €2,000.

A bid to scrap stamp-duty for first time buyers was rejected.

Pubs

The Minister for Enterprise Peter Burke has secured a €10 million support package for rural pubs in order to stem the rate of closures.

Smaller rural pubs will be able to benefit from a tax rebate based on draught beer sold. A win for the Vintner's Federation who have been pushing for such a rebate.