You are now leaving the Turn2us site. Turn2us is not responsible for content on third party sites.



Budget 2020

  • 08/10/2019
  • Author:bridgetmccall

Read the key points of Budget 2020 announced by Finance Minister, Paschal Donohoe TD

Irish government buildings

Budget 2020 was announced on Tuesday 8 October by Paschal Donohoe TD, Minister for Finance and Public Expenditure and Reform.

The minister said his decisions were influenced by Brexit and whether or not the UK would exit the European Union (EU) with a deal.

Key points

The key points that may affect Turn2us users include:

Brexit

  • A Brexit package of €1.2 billion has been announced. This includes €365 million for extra Social Protection expenditure benefit in the event of a no-deal Brexit and €45 million to assist people to move to new work.

Carers

  • There will be an increase of €100 in the home carer credit to € 1,600.

Education

  • Over €11 billion will be provided to the Department of Education in 2020. This will include €1.9 billion for special education.

Energy

  • €13 million for the Warmer Homes scheme to provide free energy efficiency upgrades for households deemed to be in or at risk of energy poverty.

Health

  • Health spending is up €1 billion to €17.4 billion
  • There will be free GP care for children under 8 and free dental care for children under six
  • Prescription charges are to be cut by 50%
  • The monthly threshold for the drug payment scheme is being reduced by €10 per month
  • One million additional home care hours are to be provided next year
  • Medical card income thresholds for people aged over 70 are to increase by €50 for a single person or €150 for a couple per week
  • There will be an extension of the reduced rate of the Universal Social Charge (USC) for medical card holders to December 2020.

Housing and homelessness

  • An extra €80 million for housing assistance payment scheme
  • An extension of the Help-to-Buy Scheme in its current form until the end of 2021
  • Almost €2 million in additional funding to the Residential Tenancies Board
  • An extra €20 million has been allocated for homeless services, bringing total funding to €166 million in 2020
  • €1 .1 billion to deliver over 11,000 new social homes in 2020 with a further 12,000 units to be delivered in 2021.

Self-employed people

  • Earned income credit increases by €150 to €1,500.

Social welfare

  • An increase of €690 million for the Department of Employment Affairs and Social Protection
  • A €5 increase in the living alone allowance
  • Increases in qualified child payments by €3 for over 12s and €2 for under 12s
  • Fuel allowance will increase by €2 per week
  • 100 per cent Christmas bonus for all social welfare recipients in 2019
  • €15 increase for the one parent family payment disregard and €10 for the working family payment disregard.

Read Citizens Guide to Budget 2020

 

Sources:

Anything wrong with this page?

Tell us the problem

Please enter your name
Please enter a valid email address
Please enter what you were doing
Please enter what you'd like to report
Please enter the security code shown
Close

Thank you

If you would like to tell us more please visit our contact page

Close