There have been clashes in the Dáil over the Budget provisions, with Taoiseach Enda Kenny dismissing comments by Fianna Fáil leader Micheál Martin as “opportunistic blather”.
Posts By: admin
The measures announced in Budget 2014 have drawn a mixed reaction from various representative groups and organisations throughout the country. The Society of St Vincent de Paul said it was very disappointed and concerned about the cuts to young peoples’ social welfare payments.
Winners: The tourism industry Not only did the tourism industry get to keep its 9 per cent VAT rate as it had lobbied hard for in recent weeks, but it also got an added boost when the Government said it would abolish the travel tax. The move has been welcomed by everyone from airlines to
THE Government waited for the final Budget under the troika to implement some of the unkindest cuts of the entire bailout period. Pensioners, medical card holders, working mothers, the young unemployed, savers and families with health insurance were all targeted in a series of painful cuts and tax increases totalling €2.5bn.
A number of measures have been announced affecting the SME sector in Budget 2014, including the threshold being increased increased from €500,000 to €3m for SME loan appeals to the Credit Review Office (CRO) and €2 billion in SME supports.
A series of swingeing tax and spending adjustments aimed at reducing the State’s annual outlay by €2.5 billion were unveiled in today’s Budget. Among the controversial measures announced were a lowering of dole payments to under-25s; a hike in prescription charges; a tightening on the eligibility criteria for medical card holders and the phasing out… Read more »
(Reuters) – Ireland will become the first euro zone country to exit an international bailout in mid-December and may do so without a financing backstop from its European partners, the ruling party announced at a triumphant rally on Saturday. Prime Minister Enda Kenny told a gathering of his Fine Gael party that “the economic emergency… Read more »
The old reliables have been hit with increases on drink and cigarettes while pensioners and the unemployed will also have allowances cut.
Today’s Budget will see a raft of new measures designed to adjust the public finances by E2.5bn with a greater emphasis on cuts. It is expected that there will be E900 million in additional revenues in 2014 and more than E1.6 billion in cuts.
Scrapping of telephone allowance for pensioners, rise in prescription charges, cut in jobseeker payments. Minister for Finance Michael Noonan has arrived at Government buildings ahead of a midday cabinet meeting in advance of the unveiling of Budget 2014 this afternoon.