Budget 2021 was announced on 13th October 2020.
It has been described as the ‘budget of budgets’, the biggest budget in the history of the State, with the total value of support measures totalling a massive €17.75 billion – nearly eight-times last year’s budget plans.
However, the government is confident that we will build a more resilient Ireland. In the Minister’s words “Budget 2021 is a bridge to that better future”.
As the Government borrows to meet the cost of the COVID-19 pandemic and Brexit, here is a quick summary of the main points:
There have been no major changes to personal taxation on income.
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