Measuring the nation for its hairshirt

Experts are warning about pitfalls arising from changes to levies, pension interest relief and the introduction of a property tax, writes Personal Finance Correspondent Emma Kennedy

4th April, 2009

All eyes will be on Brian Lenihan this Tuesday when the finance minister delivers his second budget.

For many, Lenihan’s inaugural budget last October was the first dose of fiscal restraint in quite a while. However, this week’s offering looks likely to be considerably tougher on consumers’ pockets.

In recent years, budget announcements have seen falling taxes, wider tax bands and a range of measures that have made many wallets...

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