Dáil Éireann Debate, Tuesday - 26 May 2026
178. Deputy Naoise Ó Cearúil asked the Tánaiste and Minister for Finance if, in developing the investment account framework and the 2026 roadmap on retail investment taxation, consideration will be given to age-specific or child-focused investment options; and if he will make a statement on the matter. [39602/26]
Amharc ar fhreagraWork 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. The work underway on the roadmap includes consideration of the recommendations of the Funds Sector 2030 Report.
As the Deputy notes, a key aspect of the roadmap will also be the introduction of a new investment account, aligned with the European Commission’s recommendation for Member States to introduce a Savings and Investment Account.
At the Savings and Investment Forum on 31 March, I announced my intention to introduce the legislative framework for an investment account in Ireland in 2026. The account should be simple, accessible, tax efficient, easy to administer, and transparent on fees.
In terms of designing the model that best fits the Irish economy and the needs of Irish households, the views of relevant experts are being considered as well as learning from best international practices. Investment accounts for children are a policy option which a number of countries have pursued.
Officials in my Department are currently developing policy options regarding the investment account framework which will form part of the deliberations over the coming months, ahead of Budget 2027.
