2023 Irish Budget
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2023 Irish Budget
The 2023 Irish budget was the Irish Government Budget for the 2023 fiscal year, which was presented to Dáil Éireann on 27 September 2022 by Minister for Finance Paschal Donohoe, and the Minister for Public Expenditure and Reform Michael McGrath. Summary Cost of living * €12 per week increase for every recipient of a social protection payment * A double Child Benefit payment (worth €140 per child) to be paid in November in addition to the normal monthly payment * A once-off double week "Cost of Living Support" payment to social welfare recipients in October, including pensioners, carers, people on disability payments and jobseekers * Additional €500 for those receiving the Working Family Payment and Carer's Support Grant recipients to be paid in November * Once-off payment before Christmas of €200 to recipients of the Living Alone Allowance * Once-off payment of €500 to those who qualify for Disability Allowance, Invalidity Pension and the Blind Pension to be paid i ...
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Paschal Donohoe
Paschal Donohoe (born 19 September 1974) is an Irish Fine Gael politician who has served as Minister for Public Expenditure and Reform since December 2022 and President of the Eurogroup since July 2020. He has been a Teachta Dála (TD) for the Dublin Central constituency since 2011. He served as Minister for Finance of Ireland from 2017 to 2022, Minister for Public Expenditure and Reform from 2016 to 2020, Minister for Transport, Tourism and Sport from 2014 to 2016 and Minister of State for European Affairs from 2013 to 2014. Early life Donohoe was born in Phibsborough, Dublin, in 1974. He is the son of a Stena Line employee who also worked renting marquees and tents. He was educated at St. Declan's CBS in Cabra, before receiving a scholarship to Trinity College Dublin. He studied Politics and Economics as part of the Business, Economics and Social Science programme and graduated with a first-class honours degree in 1996. He served as Secretary of the University Philosophic ...
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Dáil Éireann
Dáil Éireann ( , ; ) is the lower house, and principal chamber, of the Oireachtas (Irish legislature), which also includes the President of Ireland and Seanad Éireann (the upper house).Article 15.1.2º of the Constitution of Ireland reads: "The Oireachtas shall consist of the President and two Houses, viz.: a House of Representatives to be called Dáil Éireann and a Senate to be called Seanad Éireann." It consists of 160 members, each known as a (plural , commonly abbreviated as TDs). TDs represent 39 constituencies and are directly elected for terms not exceeding five years, on the system of proportional representation by means of the single transferable vote (PR-STV). Its powers are similar to those of lower houses under many other bicameral parliamentary systems and it is by far the dominant branch of the Oireachtas. Subject to the limits imposed by the Constitution of Ireland, it has power to pass any law it wishes, and to nominate and remove the Taoiseach (head of ...
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2024 Irish Budget
The 2024 Irish budget was the Irish Government Budget for the 2024 fiscal year, which was presented to Dáil Éireann on 10 October 2023 by Minister for Finance Michael McGrath, and the Minister for Public Expenditure, National Development Plan Delivery and Reform Paschal Donohoe. Summary Cost of living * Three €150 energy credits for every household – due to be received between the end of 2023 and April 2024 * Fuel allowance recipients receive winter lump sum of €300 * Living alone allowance recipients to get €200 winter lump sum * Categories including disability allowance, carer's support to get €400 winter lump sum * Double week pay of all weekly welfare schemes in January * 9% reduced VAT rate for gas and electricity extended for another year Other * Minimum wage increased to €12.70 * Weekly payments for working age recipients and pension payment increased by €12 * Double payment of Child Benefit before Christmas. * The extension of child benefit in resp ...
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2022 Irish Budget
The 2022 Irish budget was the Irish Government Budget for the 2022 fiscal year, which was presented to Dáil Éireann on 12 October 2021 by the Minister for Finance, Paschal Donohoe, and the Minister for Public Expenditure and Reform, Michael McGrath. Summary COVID-19 * Employment Wage Subsidy Scheme will remain in place, in a graduated format, until 30 April 2022 - the scheme will close to new employers from 1 January 2022. Other * Excise duty on a packet of 20 cigarettes rises by 50 cent, with a pro-rata increase on other tobacco products. * €520 million of income tax reductions include increasing the standard rate band by €1,500 and increasing each of the personal tax credit, employee tax credit and earned income credit by €50. * Reduced VAT rate of 9% for the hospitality sector will remain in place to the end of August 2022. * Minimum wage rises 30 cent to €10.50 per hour. * Income tax deduction amounting to 30% of vouched expenses for heat, electricity and broadba ...
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Irish Examiner
The ''Irish Examiner'', formerly ''The Cork Examiner'' and then ''The Examiner'', is an Irish national daily newspaper which primarily circulates in the Munster region surrounding its base in Cork, though it is available throughout the country. History 19th and early 20th centuries The paper was founded by John Francis Maguire under the title ''The Cork Examiner'' in 1841 in support of the Catholic Emancipation and tenant rights work of Daniel O'Connell. Historical copies of ''The Cork Examiner'', dating back to 1841, are available to search and view in digitised form at the Irish Newspaper Archives website and British Newspaper Archive. During the Irish War of Independence and Irish Civil War, the ''Cork Examiner'' (along with other nationalist newspapers) was subject to censorship and suppression. At the time of the Spanish Civil War, the ''Cork Examiner'' reportedly took a strongly pro-Franco tone in its coverage of the conflict. As of the early to mid-20th century, th ...
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The Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is considered a newspaper of record for Ireland. Though formed as a Protestant nationalist paper, within two decades and under new owners it had become the voice of British unionism in Ireland. It is no longer a pro unionist paper; it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's most prominent columnists include writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Senior international figures, including Tony Blair and Bill Cl ...
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RTÉ News
RTÉ News and Current Affairs ( ga, Nuacht agus Cúrsaí Reatha RTÉ), also known as RTÉ News (''Nuacht RTÉ''), is the national news service provided by Irish public broadcaster Raidió Teilifís Éireann. Its services include local, national, European and international news, investigative journalism and current affairs programming for RTÉ television, radio, online, podcasts, on-demand and for independent Irish language public broadcaster TG4. It is the largest and most popular news source in Ireland – with 77% of the Irish public regarding it as their main source of both Irish and international news. It broadcasts in English, Irish and Irish Sign Language. The organisation is also a source of commentary on current affairs. The division is based at the RTÉ Television Centre in Donnybrook, Dublin; however, the station also operates regional bureaux across Ireland and the world. History Early history On 1 January, 1926, 2RN, Ireland's first radio station, began broadcasti ...
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RTÉ News And Current Affairs
(RTÉ) (; Irish for "Radio & Television of Ireland") is the national broadcaster of Ireland headquartered in Dublin. It both produces and broadcasts programmes on television, radio and online. The radio service began on 1 January 1926, while regular television broadcasts began on 31 December 1961, making it one of the oldest continuously operating public service broadcasters in the world. RTÉ also publishes a weekly listings and lifestyle magazine, the ''RTÉ Guide''. RTÉ is a statutory body, overseen by a board appointed by the Government of Ireland, with general management in the hands of the Executive Board, headed by the Director-General. RTÉ is regulated by the Broadcasting Authority of Ireland. RTÉ is financed by television licence fee and through advertising, with some of its services funded solely by advertising, while others are funded solely by the licence fee. Radio Éireann, RTÉ's predecessor and at the time a section of the Department of Posts and Telegraphs ...
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Irish Independent
The ''Irish Independent'' is an Irish daily newspaper and online publication which is owned by Independent News & Media (INM), a subsidiary of Mediahuis. The newspaper version often includes glossy magazines. Traditionally a broadsheet newspaper, it introduced an additional compact size in 2004. Further, in December 2012 (following billionaire Denis O'Brien's takeover) it was announced that the newspaper would become compact only. History Murphy and family (1905–1973) The ''Irish Independent'' was formed in 1905 as the direct successor to ''The Irish Daily Independent and Daily Nation'', an 1890s' pro-Parnellite newspaper. It was launched by William Martin Murphy, a controversial Irish nationalist businessman, staunch anti-Parnellite and fellow townsman of Parnell's most venomous opponent, Timothy Michael Healy from Bantry. The first issue of the ''Irish Independent'', published 2 January 1905, was marked as "Vol. 14. No. 1". During the 1913 Lockout of workers, in ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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