Oireachtas Parliamentary Budget Office Pre-Budget 2026 Report (data.oireachtas.ie)

• Top 10 corporate taxpayers paid 59% of corporation tax in 2024
• Labour market added 64,000 jobs; construction up 18.4%
• PBO recommends countercyclical fiscal tightening to manage overheating

"The Oireachtas Parliamentary Budget Office (PBO) Pre-Budget 2026 report analyzes Ireland's fiscal landscape. It highlights heavy concentration in corporation tax (top 10 firms paid 59% in 2024) and warns of geopolitical risks. The labour market added 64,000 jobs year-on-year, while inflation stands at 2%. The report recommends countercyclical fiscal tightening to avoid overheating and discusses options such as adjusting the 9% VAT rate, inheritance tax changes, and housing incentives. Infrastructure deficit and the revised National Development Plan 2026-2035 are also covered."