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

Budget 2027: Fund, ETF and life assurance tax rates

The announced reduction from 38% to 35% for specified funds and life assurance regimes.

Sources checked 2026-10-07.

Who it affects and when

Audience: Individual investors holding funds, certain ETFs or qualifying life assurance investments.

Timing: Budget 2027 tax measures; check the final commencement rules for the relevant chargeable event.

Specified regimes: Investment Undertaking Tax on specified Irish funds, Life Assurance Exit Tax on relevant Irish policies, equivalent offshore fund tax and tax on certain foreign life policies are to reduce from 38% to 35%.
ETF classification: The offshore reduction includes equivalent ETFs taxed under that fund regime. The Bill also proposes rules for Irish fund units held through recognised clearing systems. This is not a universal 35% tax rate for every ETF, share or investor.
Different account: The proposed new Investment Account has a separate account-value tax framework. Its rules should not be applied to an existing fund investment outside that account.

Identify the actual investment's tax classification and chargeable event.
Check whether deemed disposal or another existing obligation continues outside the new account.
Do not substitute the standard CGT rate for an investment governed by the fund-tax regime.