"A Vat reduction for the hospitality sector, a rise in the minimum wage and the end of the "one-off" cost-of-living packages are among the measures being considered for Budget 2026."
"The last "bumper Budget" will not be replicated on October 7 amid a period of global economic uncertainty, with the Central Bank and the Irish Fiscal Advisory Council warning against excessive spending."
Budget 2026 measures under consideration include a VAT reduction for the hospitality sector, a rise in the minimum wage, and the end of one-off cost-of-living packages. Any VAT reduction would target hospitality to support demand and protect jobs. Ending one-off payments would shift support toward recurring mechanisms such as wage rises or targeted subsidies. The government will not replicate the previous large-scale fiscal expansion on October 7 due to global economic uncertainty. The Central Bank and the Irish Fiscal Advisory Council have warned against excessive spending and urged fiscal restraint to preserve long-term stability.
Read at Irish Independent
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