Not in 2026, however, as a lean budget day means savings are few and far between this January. But, if you have a big pension fund then you will benefit from the increase in the standard fund threshold (SFT) this January. The SFT represents the maximum size your pension fund can be before additional taxes kick in. So, this means that the tax you will save on will increase from €600 for 2024 to €800 in 2025 – and €1,000 for 2026. While no income tax increases were announced, the decision not to adjust the bands for inflation means that many of us will actually lose money this year.

Source: The Irish Times January 06, 2026 12:00 UTC