Budget 2027 announcements. Implementation dates vary. · By K Imports
Budget 2027: The new Investment Account
The proposed €12,000 contribution limit, €50,000 tax-free threshold and 1% account-value tax.
Sources checked .
What was announced
- Eligibility and deposits
- The planned account is for Irish-resident individuals aged 18 or over with a PPSN. One account per person is planned at launch, with annual contributions capped at €12,000.
- Tax base
- The announced 1% tax applies to account value above €50,000, calculated using the average of daily account values. It is not a 1% tax solely on realised profits.
- Products and administration
- Eligible products at launch are shares, bonds, investment funds and insurance-based investment products. Eligible regulated providers manage reporting and tax payment. The existing deemed-disposal regime is not to apply within this new account.
Practical next steps
- Wait for actual provider terms, fees and product availability before assuming an account can be opened.
- Compare account-value taxation with the regime applying outside the account.
- Keep contribution limits separate from investment growth and the tax-free account-value threshold.
Examples
- Illustrative annual tax base
- If the relevant full-year average daily value were €70,000, the amount above €50,000 would be €20,000. At 1%, that is €200. This does not model launch-year treatment, provider fees or investment performance.