Michael McGrath pledges tax cuts ‘for all’ in this year’s budget

Tax cuts are on the way for people “at all income levels” next year, the finance minister has promised.

Michael McGrath repeated his pledge for a “substantial income tax package” in the budget this October which, he said, would allow people to “keep more of their hard-earned money”.

“Because of the health of our public finances, the way they have been managed in recent years, I believe we will have a good budget in October,” he told the Business Post in Luxembourg, where he was attending a meeting with his EU counterparts.