The Bill provides for a substantial income tax package as well as a number of new measures such as the Derelict Property Tax and the Investment Account. The Bill also provides for changes to existing measures to support individuals, enterprises and farms, such as measures relating to property, childcare, climate and sustainability.
These include changes to the Capital Acquisitions Tax thresholds; increases in the Childcare Services relief, the Rent Tax Credit, the Help to Buy relief and the Farmer’s Flat Rate of VAT.
The measures also include the expansion of the accelerated Capital Allowances for farm safety equipment; enhancements to the Research and Development Tax Credit; extension of the Knowledge Development Box; and changes to preliminary Corporation Tax Requirements as well as to the Enhanced Reporting Requirements for Certain Benefits.
Furthermore, there are changes to certain aspects of Ireland’s regime for the taxation of interest, updates to the Pillar Two legislation, extensions and increases to Vehicle Registration Tax, an increase in the exemption for the micro-generation of electricity, reductions and deferrals on carbon and mineral oil taxes and an extension of the Bank Levy.
Read the Finance (No. 2) Bill 2026 Highlights and see how it impacts you and your business.
Department of Finance Documents
Angela Fleming
Carol Lynch
Cian O'Sullivan
Derek Henry
Kevin Doyle
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Philip Nolan
Ian Clarke
Mark Hynes