Finance Minister says there will be no hike in income tax in Budget

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Finance Minister says income tax will not be increased in Budget 2021

Paschal Donohoe said that personal tax receipts are "holding up quite well".

"Even at this point I will have to see how the month's worth of tax collection to form a view regarding the trend that we are seeing at the moment is one that is sustainable across the year and will carry into next year." Taoiseach Micheal Martin said: "We are preparing a new overall plan in terms of managing Covid-19 right through to the end of the year and beyond in terms of how we live with Covid-19 and how we protect lives and livelihoods and that will focus on all sectors."This is all about making it cheaper for our citizens to spend more."

"I would love to go back and see a championship match. All of that will be dealt with in the middle of September."Simply pop your e-mail into the box at the top of this article and get all the latest news and entertainment direct to you Mr Martin also said the names of two "strong" candidates will be sent to the president of the European Commission Ursula von der Leyen for the role of commissioner in the coming days.

 

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No increase in income tax planned, says finance ministerPaschal Donohoe was speaking about what the upcoming Budget might look like.
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