2015 Irish budget
The 2015 Irish budget was the Irish Government budget for the 2015 fiscal year, which was presented to Dáil Éireann on 14 October 2014.
| Presented | 14 October 2014 |
|---|---|
| Parliament | 31st Dáil |
| Government | 29th Government of Ireland |
| Party | |
| Minister for Finance | Michael Noonan (FG) |
| Minister for Public Expenditure and Reform | Brendan Howlin (Lab) |
| Website | Budget 2015 |
‹ 2014 2016 › | |
The Minister for Finance Michael Noonan outlined the taxation measures with Brendan Howlin detailing the spending.[1] 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.[2][3][4][5]
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
- "The main things you really need to know from Budget 2015". Journal. 14 October 2014. Retrieved 15 October 2014.
- "Budget 2015: Give and take". Irish Independent. 15 October 2014. Retrieved 15 October 2014.
- "Budget 2015: as it happened". RTÉ News. 14 October 2014. Retrieved 15 October 2014.
- "Noonan denies budget framed for election". Irish Examiner. 14 October 2014. Retrieved 15 October 2014.
- "Budget 2015". Irish Times. 14 October 2014. Retrieved 15 October 2014.
External links
- Budget 2015 Document
- Irish budget, 2015 at Tax Institute
- Irish budget, 2015 at Irish Independent
- Irish budget, 2015 at Irish Times
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