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Key announcements from Budget 2018
10 October 2017, 07:06 | Lena Norman
Budget 2018: All You Need To Know
The VAT rate on tourism & services sector WILL NOT change.
Excise duty on a packet of 20 cigarettes to rise by 50 cents.
The point of entering the higher income tax rate will be raised by €750 from €33,800 to € 34,550.
Some €1.2 billion in new spending and tax cut was announced this afternoon, in a plan that Minister Donohoe hopes will build on the progress made over the past few years.
Mr Donohoe pledged €1.83bn his being allocated to housing in 2018 - a move which will see 3,800 new social units to be developed by local authorities and approved housing bodies.
There was also a commitment to build 53,000 social homes by 2021 and from midnight commercial property deals will see a tripling of stamp duty to bring in €400m to the Exchequer coffers.
In order to combat cancer cases, the Finance Minister also announced a Value-Added Tax rate rise of 13.5% on sunbeds up to 23%.
Entry point to USC remains at €13,000 2.5% rate lowered to 2%.
A second USC rate will drop to 4.75%. A Benefit in Kind scheme for electric vehicles will be brought in.
Twitter is Developing a New Bookmarking Tool
That's interesting, given that building "with" user input is how Twitter used to develop features borrowed from the community. As noted by TechCrunch , Twitter users who want to follow the progress of the feature should follow Shah's account.
Health expenditure to increase by €685m, bringing next year's total to just under €15.3bn.
The vacant site levy, due to take effect from 2019, will increase from 3% to 7% in 2020.
Funding has also been announced for an extra 1,800 frontline staff.
1,300 additional teaching post in schools for 2018 - reducing the student teacher ratio to 26:1.
Taoiseach Leo Varadkar said there would be "no fireworks" and no "big bonanza" as Budget 2018 was unveiled today.
This means your USC payment next year will total about €237.
Ireland's finance minister sought to raise over 800 million euros in extra revenue in a budget on Tuesday to give taxpayers a "modest" break and help tackle a housing crisis.
And Mr Donohoe said: "We can not hope to remain competitive if someone on a relatively low income and who decides to work a few hours' overtime has almost half that extra money taken in tax".
-Home Carers tax credit increase by €100 to €1200.
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Secretary of State Rex Tillerson , in response to reports from NBC, says he never threatened to leave the White House. Trump and Tillerson are scheduled to have lunch Tuesday at the White House with Defense Secretary Jim Mattis.
Here's how the front of the Huawei Mate 10 looks like
Instead, it appears from the previously leaked images that the bezel-less, full-screen model would be the Mate 10 Pro. Nevertheless this information is somewhat odd , as the current Mate 9 Pro features a QHD (1440x2880 pixel) display.
Windows 10 Mobile no longer a focus for Microsoft
Before Belfiore's disclosure, Microsoft had been sending signals about wrapping up its mobile phone business for a very long time. According to figures from Statista for the end of 2016, Microsoft held just 0.3% of the global market share for smartphone sales.
Sylvester Stallone To Direct, Produce Creed 2
Stallone was nominated for the Academy Award for best supporting actor and won the Golden Globe Award in the same category. Avildsen, Stallone took over both the writing and directing duties for " Rocky II ", " Rocky III ", and " Rocky IV ".
Nokia is killing off its VR unit
The move will see 310 of Nokia Technologies' 1,090 employees made redundant at Nokia offices in the US, UK and Finland. This means Nokia will discontinue its hitherto unsuccessful VR unit.