Irish Budget 2016 set for 13 Oct 2015
Click for: Budget 2016 Main Tax and Spending Changes
The Government has signalled that it will propose €1.5bn in tax cuts and spending increases and even though there will a payback in 2016 from the sale of Allied Irish Banks (AIB) that was bailed during the bust, EU rules prohibit diverting the expected receipts into an election giveaway.
In coming weeks, there will be a series of media events to announce capital budget plans and other schemes to ensure that the focus of the public is on the recovering economy and by Oct 12 most of the budget proposals will have been officially leaked, before they will be confirmed on Tuesday 13 Oct.
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