All news by: Eoghan Bracken

Summary of Budget 2019

Minister for Finance, Paschal Donohoe, today announced his Budget for 2019. Before the Budget, Mr Donohoe was at pains to stress that the Government are being prudent with the country's finances in order to produce a "balanced" budget whilst being focused on the challenges the country would face if there is no deal in relation to Brexit.

Whilst it was widely leaked that this Budget would be more focused on spending increases to invest in health, housing and childcare, Taoiseach Leo Varadkar publicly stated that “this is not an election budget”. 

Budget 2018

Today Paschal Donohoe announced his first Budget as Minister for Finance and Public Expenditure and Reform which has been agreed with Fianna Fáil and the Independent Alliance. In addition to increased public expenditure, Budget 2018 contains a number of tax measures which leaves a little more money in everyone’s pocket.

Help to Buy Incentive

Applications from first-time homebuyers for financial support under the Government’s Help-to-Buy scheme can be submitted from this January. The measure, introduced by Minister for Finance Michael Noonan in the budget last October, will allow purchasers to claim a rebate of income tax already paid up to a maximum of €20,000, depending on the value of the property.

Summary of 2017 Budget Measures

Minister for Finance, Michael Noonan, and Minister for Public Expenditure and Reform, Paschal Donohoe, today announced the first Budget of the minority lead Fine Gael – Independent Alliance Government. Unusually, this Budget will be passed through the Dáil with the acquiescence of Fianna Fáil, who will honour the confidence and supply agreement struck with Fine Gael earlier this year. Therefore, it is widely accepted that today's Budget has been drafted with an eye on the next General Election.