Paschal Donohoe said the increase in VAT was due to the ‘clear evidence of a link between sunbeds and skin cancer’. Photograph: iStock

An increase in VAT on sunbed services has been welcomed by the Irish Cancer Society, but may put financial pressure on tanning salons. In his budget (...)

Cairn’s  gain to €1.75 per share was the stock’s steepest rise since the end of August. Photograph: Nick Bradshaw

Shares in housebuilder Cairn Homes advanced as much as 3.13 per cent on the Irish stock exchange on Tuesday. The gain to €1.75 per share was the stock(...)

Minister for Finance Paschal Donohoe also announced a raft of measures to tackle the housing crisis in the budget

Middle-income earners and two-income families were the main, albeit modest, beneficiaries of Budget 2018 with a combination of USC cuts and a widening(...)

Minister for Culture Heather Humphreys. Photograph: Laura Hutton/File/Collins

There is “huge disappointment” across the arts sector at its 2018 budget allocation, the chair of the Arts Council has said. Sheila Pratschke said t(...)

Gains of €5 a week for single middle income taxpayers – or €10 a week for double income couples – are not going to add noticeably to spending in the economy next year.

For some weeks now the Government has been trying to figure out how to stop Budget 2018 falling completely flat. The only way to do so was to raise a (...)

Announcing the fund in the Dáil, Minister for Finance Paschal Donohoe said it is an important step in “strengthening the national finances in a changing and risky world, especially in light of Brexit”

The establishment of a so-called rainy day fund will help absorb “inevitable” future economic shocks, the Government has said. A new consultation pap(...)

Minister for Finance Paschal Donohoe announced no change in the Help to Buy incentive for first-time buyers after a report by consultants Indecon found that abolishing the scheme now would create uncertainty and damage confidence in the housing market. Photograph: Alan Betson

Abolishing the Help to Buy scheme would create uncertainty and damage confidence in the housing market, a report on the scheme has found. The report (...)

The Government plans to spend €2 billion on improving roads, public transport and supporting tourism next year.

The Government plans to spend €2 billion on improving roads, public transport and supporting tourism next year. The Minister for Finance Paschal Dono(...)

A one-year change to BIK on electric vehicles is likely to have little impact:  Photograph: Dara Mac Dónaill

A zero per per cent rate of Benefit-in-Kind (BIK) for one year on electric vehicles was the only measure in a budget that otherwise left the motorist (...)

Minister for Finance Paschal Donohoe  announced a tripling of the stamp duty payable by purchasers in commercial property transactions. Photograph: Paul Faith/AFP/Getty Images

Minister for Finance Paschal Donohoe has announced commercial stamp duty refunds to purchasers of residential sites, if they start building homes on t(...)