The 2017 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 2017

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 11 October 2016. Michael Noonan announced the tax measures and

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 ...

the

Minister for Public Expenditure and Reform The Minister for Public Expenditure and Reform ( ga, An tAire Caiteachais Phoiblí agus Athchóirithe) is a senior minister in the Government of Ireland and leads the Department of Public Expenditure and Reform. The current Minister for Public ...

announced the spending adjustments.

Summary

* Social welfare payments and the State pension are to increase by €5 per week commencing from the start of March. * 50 cent added to the price of a packet of 20 cigarettes. The excise on alcohol and fuel is being left unchanged. * Three USC brackets will be reduced by half a percent. * A tax rebate of up to €20,000 in a new help-to-buy scheme for first-time buyers. This goes toward a deposit for a new home. * The rent-a-room relief is to be increased. With a higher tax ceiling of €14,000 (from €12,000), the government hopes to encourage homeowners to rent out a vacant room. * The Home Renovation Incentive Scheme is being extended by two years to the end of 2018 to help those not buying new homes. * The home carers’ credit is to increase by €100 to bring it up to €1,100. * The Government is reducing the €25 cap on prescription charges for over-70s to €20 from 1 March. * Social welfare recipients will be entitled to a Christmas bonus equal to 85 per cent of their weekly payment (up from 75 per cent in 2015). * 800 new gardaí to be recruited in 2017. * Funding for the Department of Defence is to increase by €16 million. * €1.2bn in funding for housing, with 47,000 new social housing units by 2021. * Medical card for all children who receive domiciliary care allowance. * Intention to introduce tax on sugar-sweetened drinks in April 2018 after public consultation.

References

External links

Budget 2017 DocumentIrish budget, 2017 at Tax InstituteIrish budget, 2017
at ''Irish Independent'' {{DEFAULTSORT:Irish Budget, 2017 2016 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 ...

2017 government budgets 2017 in Irish politics

October 2016 events in Ireland 32nd Dáil 17 Michael Noonan (Fine Gael politician)