Newstalk
Newstalk

18.46 10 Oct 2017


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On Tuesday, Paschal Donoghue announced the details of Budget 2018, which showed Ireland's Economic Growth at 4.3% in 2017 and 3.5% next year.

The entry point to the Universal Social Charge remains at €13,000 with the 2.5% rate lowered to 2%. The ceiling for this rate has been raised from €18,772 to €19,372.

The point of entering the higher income tax rate was raised by €750 from €33,800 to €34,550 whilst a 'Rainy Day Fund' has also been created to protect the country from 'inevitable' shocks in the future.

To cut through the spin, Newstalk.com, with thanks to Grant Thornton, looks at six profiles to see just what kind of effect the measures announced in the budget will have, and whether or not you can expect to have extra money in your pocket in 2018. 


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