Budget 2027 announcements. Implementation dates vary. · By K Imports

Budget 2027: Charities, excise, betting and bank levy

The €15 million charity VAT fund, tobacco and e-liquid increases, pool betting and bank levy.

Sources checked 2026-10-07.

Who it affects and when

Audience: Charities, affected traders and readers tracking other Budget tax changes.

Timing: E-liquid and general pool-betting changes: 1 January 2027. Charity fund and bank levy: 2027.

Charity VAT compensation: The annual capped fund rises from €10 million to €15 million. Eligible refunds depend on non-public funding; if total eligible claims exceed the cap, payments are proportionately reduced.
Tobacco and e-liquid: The tobacco measure adds €1, including VAT, to a pack of twenty cigarettes in the most popular price category, with pro-rata increases for other tobacco. E-liquid duty increases by €0.20 per millilitre to €0.70, excluding VAT, from January 2027.
Pool betting: A 25% excise charge on commissions from totalisator or pool betting is introduced generally from January 2027, with an exemption for on-course pool bets. It is not a blanket 25% tax on every customer's stake.
Bank levy: The levy continues in its current form for 2027, targeting €200 million from the liable institutions AIB, EBS, Bank of Ireland and PTSB.

For charities, calculate under the actual funding and eligible-cost rules rather than treating the fund as a guaranteed refund.
Keep VAT-inclusive and VAT-exclusive excise figures distinct.
Apply the actual trade or institution scope instead of spreading a sector levy across unrelated taxpayers.