Minimum wage set to increase to €14.15 an hour in 2026
3 Articles
3 Articles
Budget 2026 LIVE: €10 increase to core social welfare rates; minimum wage hike; Vat changes
The country's minimum wage will jump to €14.15 while there will be a €10 increase to all core social welfare rates. The price of a box of 20 cigarettes will be hiked by 50c from midnight.
New minimum wage 'may not be as much as they first thought'
Minister for Public Expenditure Paschal Donohoe announced an increase to the minimum wage in Budget 2026, adding 65c per hour to those earning the lowest in the state. At first glance, this will be a welcome increase for workers, but once USC, PRSI and new auto-enrolment pension contributions come into effect in January, the increase is not as many might have expected. Michael Rooney, Tax Partner at EY Ireland, has done the calculation and says …
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