Budget 2021

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‘Covid-19 has had a devastating impact on arts, cultural and sporting activities,’ Minister for Public Expenditure Michael McGrath said. File image: Getty

Major efforts have been made in the budget by the Government to save the State’s struggling arts, following months of lockdown that now threaten the f(...)

 A homeless person sleeping in a doorway on Ely Place on the morning of Budget Day. Housing will get a budget of €5.2 billion with a promise of an additional 12,750 social homes, as well as new money for affordable housing and some solid money to alleviate homelessness. Photograph: Crispin Rodwell/The Irish Times

The budget is one of the great set-pieces of Irish parliamentary life. Over the decades there have been plenty of memorable occasions. They have inclu(...)

In 2019, TG4 increased its share of television viewing to 1.84 per cent, making it the sixth most-watched channel in the Republic.

Public service broadcaster TG4 said it was “extremely grateful” for the additional €3.5 million it has received in Budget 2021, its director-general A(...)

The move means that entrepreneurs should find it easier to qualify for the Capital Gains Tax Entrepreneur Relief, which gives a reduced rate of CGT of 10 per cent.

Entrepreneurs who sell all, or part of their businesses, should find it easier to access a lower rate of tax on any gains they make as part of the dis(...)

Businesses in the hospitality sector will be able to apply for government assistance on lost earnings over a set amount

The coalition Government has moved to shore up the beleaguered tourism and hospitality industry by cutting its VAT rate from 13.5 per cent to 9 per ce(...)

Minister for Finance Paschal Donohoe ‘has correctly identified the sectors most at risk, the people most obviously suffering’. Photograph: Julien Behal

Was the biggest budget in the history of the State also the most important? Historians will have to sort that one out. It could well turn out to be th(...)

Budget to provide for 41 new inter-city rail carriages and up to 600 carriages earmarked for the extension of Dublin’s Dart light rail service.

Bus and rail services are on track for a Budget 2021 €1 billion spending boost, according to Minister for Public Expenditure and Reform Michael McGrat(...)

The increase in carbon tax by €7.50 per tonne will mean a €1.47 increase in the cost of a 60-litre fill of diesel and €1.28 for a similar amount of petrol. Photograph: Barry Batchelor/PA

An extra €1.51 for a tank of diesel and €1,000 on the price of the average new car are the major changes for motorists from Budget 2021. From midnigh(...)

Smokers face yet another 50 cent hike in the price of 20 cigarettes, bringing the most popular brands to €14.

Drivers and smokers will contribute most of the €270 million that the Government hopes to raise from extra taxes announced in Budget 2021. A carbon (...)

Paschal Donohoe (left) and  Michael McGrath arrive at Government Buildings in Dublin on Tuesday. Photograph: Liam McBurney/PA Wire

Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath are announcing the details of Budget 2021 in the D(...)

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