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Budget 2018 - What You Need To Know
11 October 2017, 12:12 | Susie Olson
Paschal Donohoe the finance minister was in budget negotiations with his Fianna Fáil counterparts yesterday Clodagh Kilcoyne Reuters
500 million euro will go into the Direct Build Program with 3000 new social houses by 2021.
Commercial Stamp duty is tripling from 2% to 6% from midnight tonight.
There will be a 3% levy for the 1st year of vacant site to more than double to 7%.
The student teacher ration is to be reduced to 26:1.
Hemmed in by European Union borrowing rules, Donohoe will need to raise revenue elsewhere if he is to boost the budget package from the mere 350 million euros available to the 900 million to 1 billion euros local media say he is targeting.
An additional 500 civilians are also to be hired into the force.
The Department of Health's allocation includes an additional 1,800 in frontline staff across mental health, acute, disability, primary and community care services.
A reduction in prescription charges for those under 70 years from 2.50 to 2 per item.
The Housing Assistance Payment Scheme will increase to €149m.
Health expenditure to increase by €685m, bringing next year's total to just under €15.3bn.
Some social welfare payments are expected to rise by €5 per week, including the State Pension and Lone Parents Allowance. Social welfare recipients will also receive a bonus payment of 85% this Christmas.
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