On Thursday 24th July, Brokers Ireland had a productive meeting with Minister Troy to discuss key issues affecting our members and their clients.
We emphasised the importance of creating a level playing field in investment tax to facilitate better returns on long-term investments.
Our top priorities for Budget 2026 include:
- Abolishing the 1% Life Assurance levy
- Aligning the exit tax on Life Assurance investments with the Capital Gains and DIRT tax rate (41% reduced to 33%)
- Abolishing the 8-year deemed disposal rule
We also discussed technical issues to better align life assurance investment with direct share and other investments, as well as the potential for lower tax rates and UK ISA structures to support the Irish/EU Savings & Investment Union objectives.
To assist Brokers Ireland in its discussions with government and attain a more favourable investment environment for your clients, we would ask that you contact your local TD asking for them to support these three changes in Budget 2026.
For a copy of Brokers Ireland pre-Budget 2025 submission click here or a copy of our Savings and Investment proposition document click here
