Ireland's Budget 2026: Minimum wage increase, VAT cut for hospitality, no once-off payments (irishtimes.com)

• Minimum wage increased to €14.15/hr, VAT for hospitality cut to 9%.
• Welfare rates up €10/week, no once-off payments.
• New derelict property tax administered by Revenue.
• Underlying deficit of €13.6bn projected for 2026.

"Ireland's Budget 2026, a €9.4 billion package, was unveiled on October 7, 2025. The national minimum wage rises to €14.15 per hour, VAT for hospitality is cut from 13.5% to 9% from July 2026, and welfare rates increase by €10 per week. No once-off payments are included. The rent tax credit is extended for three years, the mortgage interest credit for two years. A new derelict property tax will be administered by Revenue. The underlying deficit, excluding windfall corporate taxes, is projected at €13.6 billion for 2026."