Brendan Burgess
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Chapter 9
Investment Account
Budget 2027 introduces a new Investment Account, in line with the European Commission’s 2025 recommendation on Savings and Investment Accounts. The Roadmap for ‘Taxation of Retail Investment – A New Path Forward for Ireland’ was published on 31 August 2026 and outlined the key parameters of the Investment Account.
The Investment Account is to be launched by providers on 1 July 2027 as part of the work to encourage and support retail investment in Ireland. The account is designed to reduce some of the barriers that may discourage individuals from investing and to provide a straightforward, tax-efficient framework.
The account will be available to Irish resident individuals, aged 18 and over, who hold a PPSN. The account will include a flat rate 1% tax applied to the value of the account above the €50,000 tax free threshold, with an annual contribution limit of €12,000. The value of the account will be calculated daily, with the average of the daily values being used for the purpose of calculating the tax due, if any. On launch, only one account will be allowed per person, with consideration being given in future years to whether provision can be made for multiple accounts.
Eligible providers will be MiFID-authorised service providers, regulated fund managers, and insurance companies. On introduction, the eligible products allowed to be held in the account are limited to shares, bonds, investment funds and insurance-based investment products.
Existing regimes in place for taxation of retail investment, including the deemed disposal rule, will not apply to the new account.
All tax reporting, tax administration and payment of any tax due to Revenue will be managed by the provider, thereby removing the requirement for the individual investor to calculate or return any tax due.
Further details will be set out in Finance (No. 2) Bill 2026.
Investment Account
Budget 2027 introduces a new Investment Account, in line with the European Commission’s 2025 recommendation on Savings and Investment Accounts. The Roadmap for ‘Taxation of Retail Investment – A New Path Forward for Ireland’ was published on 31 August 2026 and outlined the key parameters of the Investment Account.
The Investment Account is to be launched by providers on 1 July 2027 as part of the work to encourage and support retail investment in Ireland. The account is designed to reduce some of the barriers that may discourage individuals from investing and to provide a straightforward, tax-efficient framework.
The account will be available to Irish resident individuals, aged 18 and over, who hold a PPSN. The account will include a flat rate 1% tax applied to the value of the account above the €50,000 tax free threshold, with an annual contribution limit of €12,000. The value of the account will be calculated daily, with the average of the daily values being used for the purpose of calculating the tax due, if any. On launch, only one account will be allowed per person, with consideration being given in future years to whether provision can be made for multiple accounts.
Eligible providers will be MiFID-authorised service providers, regulated fund managers, and insurance companies. On introduction, the eligible products allowed to be held in the account are limited to shares, bonds, investment funds and insurance-based investment products.
Existing regimes in place for taxation of retail investment, including the deemed disposal rule, will not apply to the new account.
All tax reporting, tax administration and payment of any tax due to Revenue will be managed by the provider, thereby removing the requirement for the individual investor to calculate or return any tax due.
Further details will be set out in Finance (No. 2) Bill 2026.