Budget – The main changes are as follows:
- An increase of €3,200 to €40,000 in the income tax standard rate band for all earners
- An increase in the Personal, Employee & Earned Income Tax Credit from €1,700 to €1,775
- Ceiling of the second USC rate band will be increased from €21,295 to €22,920
- Continuation of reduced rate of USC of 2% for medical card holders and those earning less than €60,000
- €12 increase per week in main welfare payments and State pension
- One-off €500 payment to people on Disability Allowance, Invalidity Pension and Blind Pension
- Normal Christmas Bonus to be paid in early December
- One-off €200 payment to those in receipt of the Living Alone Allowance
- One-off €400 lump sum to those in receipt of a Fuel Allowance
