Thursday February 27, 2020

€330 million in tax cuts for October Budget with USC cut expected

Government holds one billion euro in extra spending power

21st June, 2016
Minister Paschal Donohue arrives at government buildings. Pic: RollingNews.ie

Around €330 million in tax cuts will be announced in October's Budget as the government confirmed the availability of around €1 billion in extra spending power for next year.

The so-called fiscal space is outlined in the summer economic statement, published by finance minister Michael Noonan and public expenditure Paschal Donohoe this afternoon.

On the tax cut side, the government will focus on further reductions...

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