Budget 2019 at a glance

Budget 2019 at a glance
Fine Gael Minister for Finance, Public Expenditure and Reform Paschal Donohue on television screens in Arnotts department store Dublin as he was speaking in the Dail on budget day. Photo: Sam Boal/RollingNews.ie

Here are the main points from Budget 2019.

Housing

  • There will be an extra €121m for the Housing Assistance Payment (HAP).
  • There will be an extra €60m for emergency accommodation and family hubs.
  • The Government said it will provide €30m for homeless services.
  • The interest relief for landlords will rise to 100%.
  • Budget will provide a €100m affordable housing fund to help local authorities deliver affordable housing, and this will increase to €310m over three years.

Cigarettes

  • The excise duty on a packet of 20 cigarettes is to increase by 50c to €12.70

Social Welfare

  • €5 per week increase for all social welfare payments from next March.
  • Two extra weeks paternity leave to each parent.

VAT

  • Tourism VAT rate is to rise to 13.5% from January 2019 and the Minister expects it will raise €466m.
  • The 9% VAT rate will be retained for newspapers, and electronic publications will have its rate cut from 23% to 9%.

Education

  • An extra €196m for capital spending in education to create 18,000 new permanent school places, upgrade ICT and invest €150m in higher education.
  • In schools, there will be 1,300 additional posts in 2019 and a 5% increase in standard capitation rate per pupil.
  • The Govt will raise the National Training Fund levy by 0.1% in 2019 and 2020.

Health

  • Prescription charges will drop 50c to €1.50 for medical card holders over 70.
  • An extra €84bn has been announced for mental health services next year, giving it a €1bn total budget.
  • The National Treatment Purchase Fund funding will be €75m, an increase of €20m.
  • An extra €84bn has been announced for mental health services next year, giving it a €1bn total budget.
  • €10 reduction in the monthly Drugs Payment Scheme threshold from €134 to €124.

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