The first non-austerity Budget in seven years will be delivered by the coalition later. No new spending cuts will be announced, and a range of tax cuts are also expected.
The coalition is set to announce an end to the 'double Irish' tax system that has allowed some multinationals cut their tax bills.
The message today from Fine Gael and Labour will be the recovery is underway and they will be prudent to keep it going.
An increase in our take home pay is a certainty - with a three year package of changes to the Universal Social Charge, tax bands and a cut to the higher rate of 41% rate to be unveiled.
Tax relief on water charges is also expected.
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Around €200m will be announced for social housing, and health is set to benefit from an increased Budget.
New teachers and gardaí will be hired, but the €250 hike in student registration fees will go ahead.
20 cent will be slapped on a pack of cigarettes, but alcohol is likely to be left alone.
The 9% VAT rate on services will be maintained, and the private pension fund levy which is to be reduced to 0.15% next year may be scrapped altogether.
Changes to our corporation tax system will be announced following criticism of the 'double Irish', with Finance Minister Michael Noonan expected to announce its end, phasing it out over a number of years.
Newstalk's political correspondent Páraic Gallagher outlines what we can expect.
Mr Noonan will begin delvering Budget 2015 from 2:30pm.
