budget

BUDGET2018 THEHEADLI NES TeneoPSG St r at egy TAX USC/ TAXCUTS 2. 5% USCr at ef al l st o2%,5% r at ef al l st o4. 75% Ent r ypoi ntf orUSCs t ay sat€13, 000andc ei l i ngf ornew2% r at e r i s est o€19, 372 Ent r ypoi ntf orhi gherr at eofi nc omet axr i s esby€750t o €34, 550pa EARNEDI NCOME TAXCREDI T €200i nc r eas ei near nedi nc omec r edi tt o€1, 150pa News har ebas edi nc ent i v es c hemet ohel pSMEs r et ai nk eyt al entannounc ed:KeyEmpl oy ee EngagementPr ogr amme HOUSI NG €1. 83bnav ai l abl ef oraddi t i onal hous i ngdel i v er yi n2018 3, 800news oc i al homesf or 2018 St ampdut yonc ommer c i al pr oper t yt oi nc r eas ef r om 2% t o6% f r om mi dni ghtt oni ght : ex pec t edt or ai s e€400m Mor t gagei nt er es tr el i efi st obe r educ edi nc r ement al l yt o0by 2021 HEALTHCARE 2018budgetf orDeptofHeal t h€15. 3bn,up al mos t5% +5% Medi c al c ar dpr es c r i pt i onc har geswi l l f al l f r om €2. 50t o€2peri t em f orunder70s €55m t ot heNat i onal Tr eat mentPur c has eFund Addi t i onal 1, 800f r ont l i nes t af f BREXI TPROOFI NG Rai nyDayFundt obees t abl i s hedi n2018wi t h €1. 5bnf r om I r el andSt r at egi cI nv es t mentFund Br ex i tl oans c hemeof€300mi l l i onf orSMEs €25m l oans c hemef ort heagr i f oods ec t or EXCI SEONDI ESEL Noi nc r eas ei nex c i s eondi es el orpet r ol Car bont ax esr emai nunc hanged NO CHANGE ELECTRI CVEHI CLE I NCENTI VES 0% Benef i ti nKi ndf orel ec t r i cv ehi c l esf orone y earonl y Ful l r ev i ewofBI Konc ar st obeunder t ak ent o i nf or m Budget2019 VRTr ebat esf orl oweremi t t i ngv ehi c l es r emai nunc hanged SUGARTAX 30cperl i t r ec har geons ugars weet eneddr i nk swi t hov er 8gr amsofs ugarper100ml 8G OFSUGARPER100ML 30 30C 20cperl i t r eondr i nk swi t h58gr amsofs ugarper100ml +30c Wi l l bei nt r oduc edi nApr i l 2018i nl i newi t hUK MI NI MUM WAGE 5 5 . 9 Themi ni mum waget oi nc r eas et o€9. 55perhourf r om J anuar y Thi si nc r eas ei si nl i newi t ht her ec ommendat i onsf r om t heLowPayCommi s s i on 2% USCc ei l i ngr ai s edt oens ur et hos eonmi ni mum wagenoti mpac t ed SOCI ALWELFARE Al l s oc i al wel f ar epay ment st ogoupby€5f r om t hel as t weeki nMar c h €5 85% Chr i s t masbonuswi l l bemai nt ai ned T el ephones uppor tof€2. 50perweekf ort hos er ec ei v i ng t hel i v i ngal oneandf uel al l owanc es CHI LDCARE €20m i nc r eas ei nc hi l dc ar es uppor t s Thef r eepr es c hool y earwi l l beex t endedt oens ur e 2f ul l y ear sofs er v i c e TOURI SM VAT 9% VATr at emai nt ai ned Unc er t ai nt yi ns ec t orduet of al l i ngv al ueofs t er l i ngand l owert our i s tnumber sf r om UK €1 12m i nf ur t herf undi ngf ort our i s m NO CHANGE VAT CI GARETTES&SUNBEDS Ex c i s edut yonapac kof20c i gar et t eswi l l r i s eby50c Themos tpopul arc i gar et t ebr andswi l l c os t€12f r om mi dni ghtt oni ght VATons unbedswi l l i nc r eas ef r om 13. 5% t o23% FORMOREI NFORMATI ONCONTACTTENEO PSG’ SPUBLI CAFFAI RSDI RECTORDEI RDREGRANT dei r dr e. gr ant @t eneops g. c om 0860484279-016342568