Budget Over view
Finance Minister Jack Chambers said the changes to personal income taxes would suppor t low and middle-income earners
PENSIONS & SOCIAL WELFARE
COST OF LIVING PACK AGE
• Income tax pa ckage wor th €1.6 billion
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• Inheritance tax: C apital Acquisition Tax thresholds • • TA X ATION
L ANDLORDS, REN TERS AND
MOR TGAGE S
HOUSING
CHILDCARE & EDUCATION
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• Hot school meal s programme increases to all
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• resulting in a reduc tion in f ull-time child c are cost s
CLIMATE
• € 3 billion pa ckage to be set aside for climate
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• C ar bon tax rate per tonne of c ar bon dioxide
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• infrastr uc ture spending
• infrastr uc ture
PUBLIC TR ANSP OR T AND INFR A S TRUC T URE
• € 3.9 billion pa ckage
• Free public transpor t expanded for all children under the age of 9
• € 99 million for development of the Por t of C or k .
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HE ALTH
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• E xemption from income, c apital gains and c apital
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AGRICULTURE
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• €13 million for new tillage scheme
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• beef welfare scheme
BUSINESS
• From Jan 1, the national minimum wage will
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• Incentive, the Star t-Up Relief for Entrepreneurs and the Star t-Up C apital Incentive.
• CGT Retirement Relief retaining the increased upper age limit and intro of a claw ba ck period of
JUSTICE & DEFENCE
• € 3.9 billion alloc ated to Justice se c tor including
ALCOHOL, CIGARE T TES, VAPING
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