Economy
2027 State Budget: Government maintains 303 million euro state revenue loss from housing tax package
The 2027 State Budget proposal maintains a projected 303 million euro reduction in state tax revenue from housing measures. Key components include a 94 million euro impact from reducing VAT on construction to 6% and a 209 million euro impact from lower IRS tax rates for landlords offering 'moderate' rents up to 2,300 euros.
Why it mattersWhile this is a macro-economic forecast, the budget confirms specific tax relief measures for landlords and construction VAT, which may influence rental prices or the cost of housing renovation projects in 2027.
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