Budget not expected to increase price of a pint

The first non-austerity Budget in seven years will be delivered by the Coalition later.

Budget not expected to increase price of a pint

The first non-austerity Budget in seven years will be delivered by the Coalition later.

It is thought that the price of a pack of cigarettes will increase by 20 cent, but alcohol is likely to be left alone.

The Coalition is set to announce a phasing out of the 'double Irish' tax system that has allowed some multinationals cut their tax bills.

An increase in take-home pay is a certainty - with a three-year package of changes to the Universal Social Charge, tax bands and a cut to the higher rate of 41% to be unveiled.

Tax relief on water charges is also expected.

Around €200m will be announced for social housing, and health is set to benefit from an increased budget, new teachers and gardaí will be hired, but the €250 hike in student registration fees will go ahead.

The 9% VAT rate on services will be maintained, and the private pension fund levy which is to be reduced to 0.15% next year may be scrapped altogether.

more courts articles

Football fan given banning order after mocking Munich air disaster Football fan given banning order after mocking Munich air disaster
Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van

More in this section

Tánaiste urges resumption of funding to UNRWA after report 'vindicates' aid agency Tánaiste urges resumption of funding to UNRWA after report 'vindicates' aid agency
Watch: Bambie Thug's candid interview ahead of Eurovision performance Over 400 Irish artists ask Bambie Thug to boycott this year’s Eurovision
PSNI stock More than 300 arrested for suspected stalking in Northern Ireland in two years
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited