Minister warns of tapering off financial once-off measures

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The Minister of Finance warns that other financial once-off measures must be tapered off as the Government plans to return to smaller-sized budgets. Taxpayers are in line for further USC and income tax cuts in this year’s budget.

The Minister of Finance has warned that other financial once-off measures must be tapered off as the Government plans to return to smaller-sized budgets. The Minister has also heavily indicated that taxpayers are in line for further USC and income tax cuts in this year’s budget, despite “volatile” corporation tax receipts, some €11bn of which he says cannot be relied upon this year as they could be windfall in nature. Last spring, the Coalition unveiled a €1.

3 billion package of cost-of-living measures, including €200 bonus welfare payments and a €100 child benefit top-up. Later in the year, the Cabinet signed off on a €14bn budget which included three energy credits and a double payment of child benefit amongst a raft of other measures

Minister Finance Warning Financial Measures Budgets Taxpayers USC Income Tax Cuts Budget

 

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