Budget 2020

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The Government will not be able to afford across-the-board €5 increases in social welfare payments if there is a no-deal Brexit, Minister of State Finian McGrath has said. Photograph: James Forde

The Government will not be able to afford across-the-board €5 increases in social welfare payments if there is a no-deal Brexit at the end of October,(...)

Minister for Finance Paschal Donohoe: In Budget 2020, at best he will be just adjusting for inflation.  At worst, he’ll actually be increasing your tax burden. Photograph: Jonathan Brady/PA

With such a constrained purse to play with in Budget 2020 – not to mention the dark shadow of a no-deal Brexit on the horizon – the likelihood of a cu(...)

Minister for Finance Paschal Donohoe is understood to have  already allocated €2.1 billion for items including public pay rises, infrastructure and the National Broadband plan. Photograph: Jonathan Brady/PA Wire

More than 100,000 taxpayers will pay more income tax from January next year unless the Minister for Finance makes some adjustment to account for infla(...)

The Climate Action Plan aims to have 950,000 electric vehicles on the road, with 100% of all new cars and vans falling into the category by 2030. Photograph: Florian Gaertner

Minister for Finance Paschal Donohoe has cast doubt on a new car scrappage scheme to promote the take-up of electric vehicles that would be based on v(...)

Minister for Finance Paschal Donohoe has his work cut out for him over the next two months to draft a budget capable of withstanding the shock of a no deal Brexit while dealing with pressure from big spending Government departments for ever more resources. Photograph: Leon Neal/Getty Images

Minister for Finance Paschal Donohoe has his work cut out for him over the next two months to draft a budget capable of withstanding the shock of a no(...)

Barry Cowen, Fianna Fáil’s public spending spokesman, said the scale of overspending shows Fine Gael ‘can no longer lecture anyone on fiscal matters’.  Photograph: iStock

The three worst government departments for keeping to their budget have blamed pay rises, pensions and Christmas allowances for overspends costing the(...)

In 2009, when the financial crisis struck and car sales collapsed, the tax take fell to €375 million.

So what are the main points of the proposed new motor tax regime? Basically it boils down to this: For all motorists – Increases in the price of di(...)

Food supplement industry demands action. Labour Party leader Brendan Howlin with Irish Health Trade Association   member Alan Martin,   managing director  Jonathan Griffin and   general secretary Phil Costigan, outside Leinster House. File photograph: Maxwell Photography

Food supplements will have to be taxed, the tax strategy group has found. The only issue is whether that should be at the standard rate of 23 per cent(...)

Minister for Finance Paschal Donohoe doubled betting tax this year to 2 per cent of turnover. Photograph: Clodagh Kilcoyne/Reuters

The Government is considering cutting betting duty by allowing bookies a tax-free turnover of €2.5 million a year in a move aimed at aiding smaller pl(...)

Four reits – Green, Hibernia, Yew Grove and I-Res – listed on the Irish Stock Exchange between 2013 and last year. They own about €3.7 billion worth of property. Photograph: Cyril Byrne

Dividends paid by real-estate investment trusts (reits) to their shareholders multiplied by almost 10 times to €93.5 million over the four years to 20(...)

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