Dáil Éireann Debate, Tuesday - 12 May 2026
470. Deputy Emer Currie asked the Tánaiste and Minister for Finance to provide an update on his review of the taxation of retail investment with a view to ensuring that existing investors are included in future tax measure. [35233/26]
View answerWork is continuing on the development of the roadmap on the taxation of retail investment announced in Budget 2026, which will be published in the coming months. The roadmap will set out an approach to simplify and adapt the tax framework to further support retail investment, while retaining necessary and important anti-avoidance protections in a proportionate manner. My intention is that further progress can be made to address some of the existing obstacles to greater retail investment.
The work underway on the roadmap includes consideration of the recommendations of the Funds Sector 2030 Report, including the issue of deemed disposal as well as the European Commission’s recommendation for Member States to introduce Savings and Investment Accounts, to encourage more participation in capital markets.
A key aspect of the new approach will be the introduction of an individual investment account, aligned with the European Commission’s recommendation. At the Savings and Investment Forum on 31 March, I announced that I intend to introduce the legislative framework for an individual investment account in 2026. My intention is that the account should be simple, accessible, tax efficient, easy to administer, and transparent on fees. The Government will take account of expert views as the model is designed to ensure that it best fits the Irish economy and the needs of Irish households.
