Cost of living adjustment (COLA) 2027
The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.
€6.41 per week
Speech printed p. 16 · PDF p. 20
Budget measure
A Super Bonus based on 2025 qualifying income is announced, with a maximum payment of €1,000.
Amount
Up to €1,000
Previous
No direct comparator
Effective from
Awaiting guidance
Paid in the first quarter of 2027 on 2025 employment income. Income of €12,000 or more receives a tax-free €1,000; lower incomes receive a banded amount down to €500 for €2,000 to €5,999. Self-employed people, older people still working and part-timers also qualify.
Affects: Employees.
The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.
€6.41 per week
Speech printed p. 16 · PDF p. 20
The national minimum wage rises by €10.41 per week in 2027. This figure already includes the €6.41 COLA.
€10.41 per week (including COLA)
Speech printed p. 18 · PDF p. 22
Zero-tax bands for married and parent computations with children widen in 2027, as scheduled in the 2026 Budget.
Married, 1 child: zero tax to €20,000. Married, 2+ children: €30,000. Parent, 1 child: €16,000. Parent, 2+ children: €24,000.
Speech printed p. 36 · PDF p. 40