Overview
- The Government published the Savings and Investment Account framework in late August and says accounts will be available to adults in early 2027.
- Each Irish tax resident aged 18 or over with a PPSN may open one account and providers will calculate and pay any tax owed on behalf of investors.
- Returns up to a government-set tax-free threshold will be exempt from tax and balances above it will face a low flat annual levy instead of current capital gains or fund exit taxes.
- Eligible holdings include listed shares, listed bonds, regulated-market instruments, retail-suitable funds and ETFs while cryptocurrencies, complex derivatives and interest-bearing cash are excluded and investments inside the account will be exempt from the eight-year 'deemed disposal' rule.
- Final numeric settings — the tax-free threshold, the flat annual rate and the annual contribution cap — will be announced on Budget Day, 6 October 2026, with the policy intended to mobilise roughly €170–€203 billion held in household deposits and broaden retail participation in capital markets.