What Is the New State Investment Scheme and How Does It Work?

Ireland’s 2027 budget offers tax break to help people invest savings

The Irish are hoping to woo some of the €170 billion sitting in low-interest deposit accounts into riskier investments with higher returns.

What is the new State investment scheme and how does it work?

As part of Budget 2027, Finance Minister Simon Harris has announced a new investment scheme as a way for people to invest and grow their money with a lighter tax bill. Here is everything you need to know about the new Personal Investment Account, how it works and when you can put money in. What […]

New investment scheme with annual tax-free threshold of €50k to kick in next July

Minister for Finance Simon Harris announced details of the scheme in Budget 2027.

Irish Investment Account to open on 1 July 2027

The Minister for Finance has said there will be a range of options available to people under the Irish Investment Account, which will open on 1 July 2027.

Government confirms €50,000 tax-free threshold for new SIA

The government has announced final details of its long-discussed savings and investment account (SIA) to encourage taxpayers to invest more of their savings. Holders of the Irish Investment Account will pay a 1% tax on funds above the tax-free threshold, which has now been confirmed at €50,000. There will be no minimum contribution, but the […]