#Budget2020 - All you need to know as it's announced here

The Finance Minister says it's a prudent budget with Brexit on the horizon.

14.14

Budget commended to the house

14.14

Civil service will examine the location of offices and if and where they could move out of Dublin and work from elsewhere to ensure balanced regional development

14.13

€13 million for warmer homes scheme

14.12

Fuel allowance increasing by €2 a week

14.12

Increase in qualified child payment by a further €3 for over 12s and €2 for under 12s

14.11

One Parent Family Payment going up by €15 and €10 for working family payment 

14.11

Living Alone allowance to increase by €5 

14.10

100% Christmas bonus retained

14.10

Increase in threshold for tax free threshold for inheritance tax by €15,000 to €335,000

14.09

New measures being announced to avoid aggressive tax avoidance by Irish Real Estate Funds

14.08

Banking levy increasing from 59 to 170%

14.07

Increase of Dividend Witholding Tax from 20 to 25% from Jan 1st. Modifying of the scheme too

14.06

Reduced rate of USC for medical card holders until December 2020

14.06

Earned Income Credit going up 150 to 1500

14.05

Increase in Home Carer Credit of €100 euro to bring it to €1600 

14.05

 No across the board tax cuts

14.03

€32million extra for the Defence Forces

14.03

 700 new garda recruits with extra garda budget of €81 million

14.03

Extra €54 million for early learning and childcare 

14.02

 €60m extra for human capital initiative for 3,000 extra places in identified priority skill areas 

14.01

 0.1% increase in higher ed training levy to raise €74 million

13.59

150 new teaching posts and €1.9 billion investment in special education. 400 teaching posts to support those with special educational needs and 1,000 SNAs

13.58

€20 million in slaintecare fund. 1,000 therapists, nurses and other healthcare workers to be recruited

13.56

Drug payment scheme being reduced €10 a month

Cigarettes up 50c a pack

Change in bands for over 70s so 56,000 more people get medical cards

13.55

Health current spending to increase by 6.3% to €17.4 billion

13.55

Prescription charges for all decrease by 50c. Free GP care for children under 8 and free dental for under 6s.

13.55

€25 million extra for the National Treatment Purchase Fund

13.52

Rate of stamp duty applicable to non-residential property to increase 1.5% at midnight

13.51

Help to buy scheme extended as is until 2021

13.51

€2million in additional funding for the  RTB to step up powers

13.50

€130m for urban regeneration fund

13.50

€17.5m for the Land Development Agency and €186m for the serviced site fund and affordable housing

13.49

€1.1 billion to support building of 11,000 social houses in 2020. A further 12,000 in 2021, €80 million for HAP payments 

13.48

Extra €20 million for homeless services bringing budget to €166 million

13.48

€8m to Dept of Communications for retention of grants to buy electric cars
13.47

€3m for electric car infrastructure. Will double the number of local authority on street charge points. New scheme for communal charge points in apartment blocks. Roll out of fast charging points at taxi ranks 

13.46

€9m for sustainable mobility projects like greenways and urban cycling projects 

13.45

€384 million extra to Dept of Transport to total budget of €2.7 billion

13.44

€21 million increase in overseas aid to €837 million in 2020

13.44

€40million for tourism specific initiatives in 2020

13.43

€3million to pilot a new agri-environmental schemes in 2020 to reduce emissions in sector

13.42

Government investing 2 billion in rural Ireland next year including 51m more for Dept of Agriculture 

13.42

Farm restructuring relief to be extended until 2022

13.41

 A relief for small independent bookmakers up to €50,000  a year from the betting duty

13.38

Increasing qualifying production cap for microbreweries from 40,000 to 50,000 hectolitres

13.37

Increasing the R&D tax credit for small and micro companies from 25 to 30%

13.36

Nearly €1bn for Dept of Business
€10m for disruptive technologies fund.
€600m for Brexit loan and growth scheme

13.34

Equalising electricity tax rates for businesses and non businesses 

13.33

- Benefit in Kind to have environmental rationale for commercial vehicles from 2023
- Extend BIK zero rate on electric cars to 2022
- Extend VRT relief on hybrids to 2020
- diesel rebate scheme for hauliers to compensate for fuel cost increases

13.33

The 1% diesel surcharge will be replaced by a nitrogen oxide emissions based charge It will apply to all new cars registered from 1st Jan 2020

13.32

Midlands investment will support 400 environmentally sustainable jobs with 100 more through peatlands rehabilitation, according to Minister 

13.31

Carbon tax funding used for package targeted at Midlands/Bord na Mona. €20m for a new energy efficiency scheme targeted initially at social housing stock in the region. €5m for peatland rehabilitation. €6m for a just transition fund

13.28

Carbon tax will apply to auto fuels from tonight but other fuels will be delayed until May 2020 after winter heating season. Carbon tax will raise €90 million in 2020
13.27

Carbon tax to increase by €6 a tonne

13.25

Total voted expenditure will be €70 billion next year

13.25

Paschal Donohoe confirms tax measures to raise €300m. Total net budget package of €2.9 billion 

13.25

Minister says significant reduction in supplementary estimates needed to bail out overspending departments

13.24

Department expecting a 0.6% deficit next year

13.23

€1.5bn into the rainy day fund from Ireland Strategic Investment Fund. Decided not to put €500m extra promised from exchequer 

13.21

€365m for social protection expenditure on live register and €45m for people to transition to new jobs post no deal Brexit

13.20

The Finance Minister says the economy is strong and its expected to grow - forecast to grow by 0.7% next year.

13:17 - 

In case of a No Deal 

€45m transition fund
€42m rescue and restructuring fund
€8m transformation fund for food and non food businesses
€5m for micro finance ireland
€5m for LEO Brexit Fund
€2m for Intertrade Ireland 
€3m for regulatory bodies

€85m for beef farmers
€14m for fisheries 
€6m for livestock farmers and mushroom sector
€5m for food and drinks processing 

13.05 - Pascal Donohue is on his feet