2027 State Budget: Ministerial order confirms 3.88% update to IRS tax brackets

The government has officially confirmed an update to the income thresholds for the nine IRS tax brackets by 3.88% for the 2027 tax year. This adjustment shifts the upper limit of the first bracket from 8,342 euros to 8,666 euros, with corresponding upward shifts across all subsequent tiers up to the ninth bracket, which will now start at 89,995 euros.
