LIVE updates as Finance Minister introduces Budget 2020

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Live updates as Irish budget 2020 to be unveiled amid spectre of looming no-deal Brexit Budget2020 GoodFridayAgreement Ireland NorthernIreland

Arriving at Government Buildings in Dublin this morning, Paschal Donohoe said there would be “no surprises” and most of the key features of the plans were already in the public domain.

Mr Donohoe added: “It’s fair to say at this point there will be absolutely no surprises in this budget.” Taoiseach Leo Varadkar has said Budget 2020 will limit the impact and risks of Brexit on the economy.Focus will be on the Government’s Brexit contingency plans and what measures will be introduced weeks before the UK is due to leave the European Union.

Carbon tax is taxed at 20 euro per tonne of CO2 emissions. It’s expected to increase by around seven euro per tonne.A number of opposition TDs have warned about the impact of the changes on people living in rural Ireland. Mr Varadkar previously suggested that there could be some changes to income tax adding that any changes would be “minimal”.

He said: “I think it’s fair to say at this point there will be absolutely no surprises in this budget because of the way in which the budget has been put together, because of the amount of engagement we’ve had.Councillor calls on Government to address housing crisisSome of the big news set to come from today’s budget has already been leaked in advance of the announcement.

 

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He did not confirm a €15 increase in the OPF payment, he announced a €15 increase in the income disregard. Budget2020

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