Finance Minister Harris says 2027 tax plan will add hundreds of euros for workers

At an event hosted by the Economic and Social Research Institute, Finance Minister Simon Harris outlined the income-tax component of the 2027 budget, saying it will absorb roughly €1.2 billion of the €1.5 billion allocated for tax measures. The package widens tax bands and increases credits to keep pace with wage inflation, which Harris claims will give families “hundreds of euros” of additional benefit. While opponents view the step as merely inflation-proofing the budget, Harris stressed that modest, targeted help can still be impactful.

He also mentioned broader support, including reductions in childcare costs, fuel-duty cuts, and a forthcoming state-backed investment account designed to be tax-efficient. The government has set aside €1.25 billion to ease energy-price pressures and expects a strong corporation-tax haul to preserve an €8 billion surplus.