07 October 2025
Finance Minister Paschal Donohoe and Public Expenditure Minister Jack Chambers announced the Irish budget on 7 October.
For those of you processing Irish payroll there are two main changes to be made aware of.
1) National Minimum Wage - There will be a rise for the national minimum wage, increasing by €0.65c to €14.15 an hour.
2) Universal Social Charge (USC) - The USC 2% rate band will be increased by €1,318 to €28,700.
Paschal Donohoe said: "This increase will ensure that full-time workers on the minimum wage will remain outside the top rates of USC, while also giving a modest benefit to all workers whose income is above that amount.
"I am also extending the USC concession that applies to those who have a full medical card and earn less than €60,000 per year so that the reduced rate of USC continues to apply for a further two years until the end of 2027."
To find out more information on the Budget announcements if they impact you, please see the official budget documentation here.
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