Saturday April 4, 2020

Budget 2015: Income tax, USC cut in move away from austerity

In the first non-austerity-driven budget in seven years, Minister for Finance Michael Noonan has announced a drop in the top rate of income tax, reductions in USC and a €5 in child benefit.

14th October, 2014
Finance Minister Michael Noonan

In the first non-austerity-driven budget in seven years, Minister for Finance Michael Noonan has announced a drop in the top rate of income tax, reductions in the Universal Social Charge as well as an extra monthly e5 in child benefit.

As he revealed Budget 2015, Noonan said the government was now expecting GDP growth this year of 4.7 per cent, and of 3.9 per cent in 2015. *(story continues below)*

* **Sunday Business Post editor Ian Kehoe** on the...

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