Budget 2019 was introduced by the Minister for Finance against the backdrop of a remarkable Irish economic performance in recent years. Having endured a serious economic downturn as a result of the property market crash 10 years ago, Ireland is now enjoying robust economic growth, reaching full employment and ending government borrowing. It is a tribute to the sure footedness of Irish policy makers, and to the discipline of Irish citizens, that this has been achieved.
This Budget sees the distribution of some of the fruits of improving economic conditions, mostly in the form of increased government spending. On the tax front there is a mixture of tax increases and modest tax reductions.
The tax relief measures include:
The tax raising measures include: