2015 Irish Budget
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The 2015 Irish budget was the
Irish Government The Government of Ireland ( ga, Rialtas na hÉireann) is the cabinet that exercises executive authority in Ireland. The Constitution of Ireland vests executive authority in a government which is headed by the , the head of government. The governm ...
budget A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
for the 2015
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 ...
, which was presented to
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 read ...
on 14 October 2014. The
Minister for Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...
Michael Noonan outlined the taxation measures with Brendan Howlin detailing the spending. The government reversed some of the austerity measures that were introduced over the past six years with extra spending and tax cuts worth just over €1bn.


Summary

*Child Benefit increase to rise €5 per child *New 8% USC rate for those earning over €70,000 *Entry point for USC raised to above €12,000 *Water Charges Relief worth up to €100 *Income tax relief on water charges up to max of €500 *41% Income Tax rate reduced to 40% *Price of 20 cigarettes to rise by 40c from 15 October 2014 *9% VAT rate to stay *'Double Irish' tax arrangement to be abolished by 2020


References


External links


Budget 2015 DocumentIrish budget, 2015 at Tax Institute
at ''Irish Independent''
Irish budget, 2015
at ''Irish Times'' {{DEFAULTSORT:Irish Budget, 2015 2014 in Irish politics
Budget A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
2015 government budgets 2015 in Irish politics
Budget A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
October 2014 events in Ireland 31st Dáil 15 Michael Noonan (Fine Gael politician)