2021 Irish Budget
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2021 Irish Budget
The 2021 Irish budget was the Irish Government Budget for the 2021 fiscal year, which was presented to Dáil Éireann on 13 October 2020 by Minister for Finance Paschal Donohoe, and the Minister for Public Expenditure and Reform Michael McGrath. Summary COVID-19 *€8.5 billion will be allocated for public services to address the challenges of COVID-19 – including €2.1 billion in contingency funding. *The Employment Wage Subsidy Scheme will continue until 31 March 2021. *Self-employed recipients of the COVID-19 Pandemic Unemployment Payment will be able to earn up to €480 per month without losing their payment. *€10 million will be allocated for the COVID-19 stability fund for community and voluntary organisations, charities and social enterprises. Other *Carbon tax will be increased by €7.50 per tonne in 2021, from €26 to €33.50 per tonne. *The one-week Christmas bonus will be given to people on a welfare payment for at least four months up to December. *Tax on ...
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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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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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2021 In The Republic Of Ireland
Events during the year 2021 in Ireland. As in most of the world, the COVID-19 pandemic has dominated events in Ireland during this year. Incumbents * President: Michael D. Higgins * Taoiseach: Micheál Martin ( FF) * Tánaiste: Leo Varadkar ( FG) * Minister for Finance: Paschal Donohoe ( FG) * Chief Justice: ** Frank Clarke (until 10 October 2021) ** Donal O'Donnell (since 11 October 2021) * Dáil: 33rd * Seanad: 26th Events January * 1 January **Munster Technological University officially opened as Ireland's newest and second technological university, and was described by Higher Education Minister Simon Harris as an "important milestone". ** Minister for Children Roderic O'Gorman announced that the resumption of pre-school programmes would be delayed until 11 January, in line with the reopening of primary and secondary schools. * 2 January **3,394 cases of COVID-19 were confirmed in the Republic of Ireland. **The Director of the National Virus Reference Labo ...
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2021 In Irish Politics
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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2021 Government Budgets
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the ...
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2020 In The Republic Of Ireland
Events during the year 2020 in Ireland. As in most of the world, the COVID-19 pandemic dominated events in Ireland during this year. Incumbents * President: Michael D. Higgins * Taoiseach: **Leo Varadkar ( FG) (until 27 June 2020) **Micheál Martin ( FF) (from 27 June 2020) * Tánaiste: **Simon Coveney ( FG) (until 27 June 2020) **Leo Varadkar ( FG) (from 27 June 2020) * Minister for Finance: Paschal Donohoe ( FG) * Chief Justice: Frank Clarke * Dáil: ** 32nd (until 14 January 2020) ** 33rd (from 20 February 2020) * Seanad: ** 25th (until 27 March 2020) ** 26th (from 27 June 2020) Events January * 1 January – With odds of a million to one, Annmarie Byrne-Ryan gave birth to identical triplets at the Rotunda Hospital in Dublin. * 2 January – Tánaiste Simon Coveney and NI Secretary Julian Smith held meetings with the five main Stormont parties in an effort to restore devolved government. * 3 January – It was revealed that the FAI left the Gardaí al ...
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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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2020 Irish Budget
The 2020 Irish budget was the Irish Government Budget for the 2020 fiscal year was presented to Dáil Éireann on 8 October 2019 by Minister for Finance Paschal Donohoe, his third as Minister for Finance. Summary Brexit *A Brexit package of €1.2 billion was announced. In the event of a no-deal the following measures will be deployed, *€220 million will be deployed immediately. *€650 million for agriculture, enterprise and tourism sectors to assist the regions and populations most affected. *€85 million for beef farmers and €6 million for other livestock farmers and the mushroom sectors. *€14 million for the fishing industry. *€5 million for the food and drinks processing industry. *€365 million for extra social protection expenditure benefit. *€45 million to assist people to transition to new work. Other * Carbon tax is up €6 to €26 per tonne *Health spending is up €1 billion to €17.4 billion. Free GP care for children under eight and free dental ...
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Carbon Tax
A carbon tax is a tax levied on the carbon emissions required to produce goods and services. Carbon taxes are intended to make visible the "hidden" social costs of carbon emissions, which are otherwise felt only in indirect ways like more severe weather events. In this way, they are designed to reduce carbon dioxide ( ) emissions by increasing prices of the fossil fuels that emit them when burned. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive. In its simplest form, a carbon tax covers only CO2 emissions; however, it could also cover other greenhouse gases, such as methane or nitrous oxide, by taxing such emissions based on their CO2-equivalent global warming potential. When a hydrocarbon fuel such as coal, petroleum, or natural gas is burned, most or all of its carbon is converted to . Greenhouse gas emissions cause climate change, which damages the environment and human health. This negative ...
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COVID-19 Pandemic Unemployment Payment
The COVID-19 Pandemic Unemployment Payment (referred to as the PUP) was a government emergency aid program in the Republic of Ireland that provided monetary relief to those who face unemployment due to the COVID-19 pandemic, whether formerly employed or self-employed. __TOC__ Eligibility Anyone whose job vanished on (or after) 13 March 2020 as a result of the pandemic was eligible. History On 16 March, Minister for Employment Affairs and Social Protection Regina Doherty announced the COVID-19 Pandemic Unemployment Payment, available for six weeks. On 24 March, the amount of money distributed as part of the COVID-19 Pandemic Unemployment Payment was increased from €203 per week to €350. By the end of March, the Department of Employment Affairs and Social Protection announced that the total applications it received for the COVID-19 Pandemic Unemployment Payment over the previous two weeks were equivalent to a 19-month claim load. Doherty defended the scheme on ''Today ...
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Employment Wage Subsidy Scheme
The Emergency Measures in the Public Interest (COVID-19) Act 2020 (Act of parliament, Act No. 2 of 2020; previously the Health (Preservation and Protection and other Emergency Measures in the Public Interest) Bill 2020, Bill (law), Bill No. 4 of 2020) was an Act of the Oireachtas (Irish parliament) which provided for additional powers for the state in the extraordinary circumstances of the COVID-19 pandemic in the Republic of Ireland, spread of the COVID-19 pandemic. Owing to social distancing measures required to combat the virus, and at the written request of Ceann Comhairle Seán Ó Fearghaíl, the Dáil Éireann, Dáil sitting to discuss the legislation on 26 March was "considerably reduced" in numbers and, after an amendment intended to guarantee against evictions, the bill passed without a vote. The bill then passed without a vote the following day (27 March) through all stages in Seanad Éireann (in its final sitting before the count of 2020 Seanad election, the Seanad elect ...
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