Housing, sugar tax and social welfare: Budget '18 at a glance

Paschal Donohoe the finance minister was in budget negotiations with his Fianna Fáil counterparts yesterday

Laois deputy Charlie Flanagan has been giving his thoughts after Finance Minister Paschal Donohoe outlined minor decreases to some USC rates as well as some changes to income tax bands.

Smokers and fans of fizzy drinks are the first cohort of people hit by Budget 2018.

Total expenditure in 2018 will amount to just over €60.9 billion - or €12,700 for every person in the country.

The esthablisment of a "rainy day" fund with €1.5 bn to be transferred from the Ireland Strategic Investment fund.

Extra €500m for direct building programme to see 3,000 additional new build social houses by 2021.

The Housing Assistance Payment Scheme will increase by €149m, enabling an additional 17,000 households to be supported and accommodated next year.

€750m to be made available for commercial investment in housing finance.

The 3% levy for 1st year of vacant site will more than double to 7%. Any landowners who don't develop in 2018 will pay 3% in 2018 but 7% from 2019 on.

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

There will be funding for an extra 1,800 frontline staff.

The National Treatment Purchase Fund is being given and extra €55m - treble that of 2017.

As expected, cigarettes have increased by 50 cent for a pack of 20.

A Sugar Tax has been introduced.

Reduction in prescription charges for all medical card holders under 70 from €2.50 to €2 per item.

1,300 additional teaching post in schools for 2018 - reducing the student teacher ratio to 26:1.

€1.7 billion will be invested in special education with 1,000 new Special Needs Assistants to be brought in before September 2018.

There will be 800 extra gardai and 500 extra civilians for the force.

The tourism and services sector will see no change in their Value-Added Tax rate.

Related:

  • Feinstein Announces Reelection Bid, Likely to Face Primary

    Feinstein Announces Reelection Bid, Likely to Face Primary

    She says changing regulations aren't enough and that Congress must pass a law to ensure permanent changes. Hatch (R-Utah), who has served since 1977, has still not officially stated whether he plans to run again.
    Napa wildfire forces evacuation of Silverado Resort after Safeway Open

    Napa wildfire forces evacuation of Silverado Resort after Safeway Open

    The fire is believed to have begun late Sunday night near Highway 128 in Napa County and progressed toward Santa Rosa city limits. Evacuation orders are also in effect in an area north of the town of Oroville, where the Cherokee Fire has burned 1,00 acres.
    Salah sends Egypt to World Cup after 27-year wait

    Salah sends Egypt to World Cup after 27-year wait

    Just after the hour mark, Salah latched on to a pass from Arsenal's Mohamed El Nenny before poking home from close range. The euphoria was intense since Arnold Bouka-Moutou had stunned the hosts when equalising for Congo after 88 minutes.
  • Google posts first unedited Pixel 2 camera photos and they look stunning

    Sonos introduced a similar feature called TruePlay a few years ago, but it required manual interaction from the user. As you expect at such events, the phones - Pixel 2 and the Pixel 2 XL - hogged all the limelight.
    VP Pence leaves game when 49ers protest during anthem

    VP Pence leaves game when 49ers protest during anthem

    After having players kneel last week, both the Detroit Lions and Buffalo Bills all stood for the anthem before their games. He said in a tweet on Sunday that he asked Pence to leave the stadium "if any player kneeled, disrespecting our country".

    Cristiano Ronaldo: Portugal manager reveals why he dropped Real Madrid star

    In 63rd minutes of the game, Ronaldo took control of the ball just outside of the box and took the lead of the game very carefully.
  • Sri Lanka sniff win over Pakistan after three blows by Dilruwan Perera

    Sri Lanka sniff win over Pakistan after three blows by Dilruwan Perera

    Yasir Shah trapped Suranga Lakmal lbw for just one run and, in the next over, Riaz claimed captain Dinesh Chandimal for a duck. Last night, it was a little hard to bowl, especially with the dew (but) we knew when we come today, it will grip more.
    New Emojis Coming in iOS 11.1 Update

    New Emojis Coming in iOS 11.1 Update

    Previously, iOS 11 made speaker sound of iPhone 8 and iPhone 8 Plus to burst and email attachments to disrupt. It will take you through the best reasons to install iOS 11.1 beta and the best reasons to avoid it.
    Amber Alert issued for abducted 3-year-old Texas girl

    Amber Alert issued for abducted 3-year-old Texas girl

    Kevin Perlich told KTVT investigators are trying to determine why the parents called 911 several hours later. Sherin is about 22 pounds and was wearing a pink shirt and black pajama trousers when she was last seen.
  • Manchester United's Romelu Lukaku Fit For Belgium's World Cup Qualifier Against Cyprus

    Manchester United's Romelu Lukaku Fit For Belgium's World Cup Qualifier Against Cyprus

    United go to Chelsea on 5 November and whether Fellaini will be available for selection against the champions remains unclear. Now he has returned, United's medical staff will ascertain the extent of the damage and how long he will be sidelined.
    It's October! It's National Breast Cancer Awareness Month

    It's October! It's National Breast Cancer Awareness Month

    In addition, they examine rinse and oral urine to determine the composition of bacteria in distant places in the body. Mammograms will be taken and read on that day, meaning that you will get your results the same day.
    Marqise Lee catches 2 passes in Jaguars' Week 5 win

    Marqise Lee catches 2 passes in Jaguars' Week 5 win

    Bryant has been one of Ben Roethlisberger's top targets this season with 10 catches for 183 yards and one touchdown. Jaguars quarterback Blake Bortles went 8-for-14 for 95 yards, with no touchdowns and one interception.

Comments

Other news