Ten things you may have missed in Budget 2023 - from mica to newspaper changes

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Ten things you may have missed in Budget 2023 - from mica help to newspaper changes

Budget 2023 has been delivered, with Minister Paschal Donohoe and Minister Michael McGrath both giving lengthy speeches on Tuesday afternoon.READ MORE:Child injured in violent incident at house in Clare as gardai seal off scene

"However, after much negotiation it is now possible for member states to apply a zero rate and I am happy to announce that I will apply this rate to these life-saving devices from 1 January."On a similar line, Minister Donohoe confirmed that therapies and period products would see changes. The move will encourage potentially more nightclubs across the island, particularly those who hope to open throughout the night if future plans are enabled.There was a provision in the Budget for a time-limited scheme of accelerated capital allowances for farmers for the construction of modern slurry storage facilities.Carbon tax

In response, they are bringing forward a levy on concrete blocks, pouring concrete and certain other concrete productsRight at the start of the speech, Minister Donohoe said that his department had updated its forecasts to headline inflation of 8½ per cent for 2022, and just over 7 per cent for 2023.VAT on newspapers, which had previously been set at 9%, will now be completely removed.

 

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Removing VAT on newspapers to spread more their propaganda. This is not a good budget at all giving crumbs to hide the extortion cost of living

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