Budget 2018: All You Need To Know

Budget 2018: All You Need To Know

There will be an increase of € 685m in Health spending in 2018, bringing the total to €15.3bn for 2018 - a 5% increase.

More nurses and doctors, a reduction in prescription charges for people with medical cards and a sugar tax are just some of the health-related measures expected in today's Budget.

-30 cent increase on a litre of fizzy drink with over 8g of sugar per 100ml.

There'll be a €5 increase per week in all weekly social welfare payments, which will take effect from the last week of March 2018.

By increasing the relatively low threshold at which people hit the higher rate of income tax and trimming the amount they actually pay, Prime Minister Leo Varadkar said an average family would be a "modest" 500 to 600 euros better off a year.

The government stuck to its ratio of over 2:1 in favour of spending increase over tax cuts, increasing current spending in line with the 3.5 percent growth in the economy as services try to keep pace with a population that is also the fastest growing in the EU.

Stamp duty on non-residential property is being increased to 6% from midnight on Tuesday. This year, social welfare recipients can look forward to a Christmas bonus of 85%, the Minister has announced.

You can check the changes to your income bracket and family situation here.

This means an extra €200 saving in income tax for these earners.

The 3% levy for 1st year of vacant site will more than double to 7%.

The Home Carer Credit is to increase by €100 in 2018 to €1,200 a year.

800 extra Gardaí are to be recruited in 2018.

Brexit loan scheme of up to €300 million (£268 million) is being made available to SMEs.

In a bid to slash skin cancer rates in Ireland - among the highest in the world - Value-Added Tax on sunbed services is to soar from 13.5% to 23%.

Help to buy scheme for first-time buyers, which offers an income tax refund of up to €20,000 (£17,893) for buyers of newly-built homes, is being retained.

-Additional 1,800 healthcare jobs coming on stream.

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