Pensioners, first time buyers and families with children have most to celebrate from budget 2017.
Tax cuts and spending increases costing over 1.3 billion euro have been unveiled by Michael Noonan and Paschal Donohoe. Today's budget also contained plans for a new childcare subsidy. Families, no matter what their income, will be entitled to more than a-thousand Euro a year, if their child is in care for 40 hours per week. A tax back of up to €20,000 that can be counted towards a deposit in getting a mortgage will be available for new builds only for a period of three years. Finance Minister Michael Noonan has confirmed the introduction of a Sugar tax. Minister Noonan told the Dáil a consultation process will begin now and run until next January: Fifty cent on packet of twenty cigarettes from midnight
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