Key Contacts: Michael McGivern – Head of Tax |
Budget 2026 is just four weeks away.
Despite Ireland’s relative economic success in recent years, the country now stands at a crossroads. In anticipation of this pivotal moment, Michael McGivern, our Head of Tax, shares his expert perspective in a four-part series exploring what Budget 2026 could mean for Ireland’s future.
Part One
The decisions taken by the Minister for Finance on 7 October are likely to have a significant impact on how Ireland meets its current challenges and takes advantage of current opportunities. Over the next few weeks, we’ll be sharing our perspectives on the tax measures we believe can help Ireland navigate this crossroad and thrive.
Part Two
As tariff uncertainties emerge and global tax competition intensifies, Ireland must now also look to Irish private
business as a source of future employment and tax revenues. Ireland cannot afford to have an over reliance on FDI. The following tax changes should support Irish business in this mission.
Part Three
Budget 2026 takes place against a backdrop of global tariff uncertainty, increased global tax competition and the OECD’s Two Pillar regime. The Minister for Finance must use Budget 2026 to seek to retain existing FDI investment and to attract new investment into the country.
Part Four
Tax simplification is a critical component in providing tax certainty and consistency for both Irish and foreign businesses. The commitment announced in Budget 2025 to continue efforts to simplify Ireland’s tax regime is very welcome, and is consistent with EU and OECD trends. We urge the government to use Budget 2026 to provide clarity on the steps it proposes to take, and to set out a timeline for making it happen.
Budget 2026: What It Means for Ireland’s Future – Join Our Exclusive Webinar
Despite having a successful economy, Ireland now faces many challenges, both domestic and international. How they are handled will shape our economy and our futures. Budget 2026 gives the Minister for Finance an opportunity to take decisive steps to address these challenges.
As part of our ongoing commitment to keeping clients and stakeholders informed, Philip Lee LLP will host a post-Budget 2026 webinar on Wednesday, 8 October 2025 at 10AM, led by Michael McGivern, our Head of Tax.
This session will provide:
- A detailed analysis of the key announcements in Budget 2026
- Insights into the potential impact on businesses, individuals, and the broader economy
- An opportunity for attendees to engage directly with our Head of Tax, Michael McGivern
Stay informed and gain clarity on what Budget 2026 means for you and your organisation.
Register now to secure your spot and gain expert insight into what Budget 2026 means for Ireland’s future.
