Budget 2021: Cabinet meets to approve final details of ‘significant’ package

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Budget 2021: Donohoe says budget 2021 aims to support employers, those lost a job and health service

Minister for Public Expenditure Michael McGrath will follow his colleague with a speech at around 1.45pm., will deliver his party’s response to the budget, its first as the largest Opposition party.

Speaking on Tuesday, Minister for Health Stephen Donnelly said the “biggest health budget in history” would build “permanent capacity” across the system. The budget is expected to include a new scheme to support the cash flow of companies forced to close due to Covid-19 restrictions, allowing them to claim expenses against income or corporation tax in advance. The payments will be capped at €5,000 a week and last for the period of forced closure.Vehicle registration tax and motor tax will be reformed to incentivise electric and low-emission cars, and penalise polluters, with about 10 per cent of motorists facing higher bills.

 

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Budget 2021: Who will be the winners and losers?Big-spend items include social welfare, health, jobs and housing Well, those 2 and their like certainly wont be ‘losers’ 🤯 Hmmm..Capital will gain and the working class will lose. Same as every other budget formulated by FF or FG led governments. The year of the auld reliables
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