Yay Cork

Yay Cork

  • Home
  • News
  • Food
  • Business
  • Wellness
  • Style
  • Travel
  • Cork, like
  • Beauty
  • Opera Lane Magazine
  • Facebook
  • Twitter
  • Instagram
Yay Cork

Yay Cork

The online home of everything new and happening in Ireland’s greatest city

  • Home
  • News
  • Food
  • Style
  • Beauty
  • Business
  • Wellness
  • Travel
  • Cork, like
  • Opera Lane Magazine
  • Home
  • /
  • News
  • /
  • Budget 2020: Here’s a quick list of everything you need to know
News

Budget 2020: Here’s a quick list of everything you need to know

By Yay Cork October 8, 2019October 8, 2019
  • 32
  •  
  •  
  •  
  •  
  •  
  •  
    32
    Shares

It’s not groundbreaking but there is some good news for families and the elderly in the Budget for 2020.

Finance Minister Paschal Donohoe revealed the government’s fiscal measures for 2020 in the Dáil this afternoon.

Despite the shadow of a no-deal Brexit, the minister, addressing the situation in his opening remarks, said he expects that an additional 19,000 jobs will be created in Ireland next year.

As expected, the €70bn in spending will be allocated in four key areas, as detailed again a tweet by An Taoiseach Leo Varadkar this afternoon:

Budget day, busy day. #Budget2020 amounts to €70bn of spending to:
1️⃣ Protect Ireland from the worst of a No Deal Brexit
2️⃣ Protect the environment
3️⃣ Deliver balanced regional development
4️⃣ Make life a little easier for families

— Leo Varadkar (@LeoVaradkar) October 8, 2019

Here’s a handy breakdown:

Healthcare:

  • Medical card income thresholds will increase for people over 70 by €50 for a single person or €150 for a couple per week, benefiting up to 56,000 people.
  • Prescription charges for all persons will be reduced by 50 cent and the Drug Payment Scheme is being reduced by €10 per month. 
  • From September, the Government intends to expand free GP care to children under 8 and free dental care for children under 6.
  • €1m additional home care hours will be provided in 2020.
  • The Home Carer Credit will increase by €100 to bring the value of the credit to €1,600. “This will support working families with caring responsibilities in the home.”

Brexit: Minister Donohoe announced a package of over €1.2 billion, excluding EU funding, to respond to Brexit. The first part, approximately €200 million in Brexit expenditure, will be made available next year.

Families:

  • The Qualified Child Payment will increase by a further €3 for over 12s and €2 for under 12s.
  • There will be further increases of €15 for the One Parent Family Payment and Jobseeker Transition income and €10 for the Working Family Payment income threshold for families with up to three children.

Cigarettes: The excise duty on a pack of 20 cigarettes will increase by 50 cents, with a pro-rata increase on other tobacco products. This will bring the price of cigarettes in the most popular price category to €13.50. The VAT increase of will come into effect at midnight tonight, Tuesday, October 8th.

Inheritance tax: The lifetime Group A tax-free threshold, which broadly applies to transfers between parents and their children, will increase from €320K to €335K.

Social welfare:

  • A 100% Christmas bonus will be paid to all social welfare recipients in 2019.
  • The Living Alone Allowance will increase by €5 “to help our most vulnerable elderly and disabled people.”
  • The Fuel Allowance will increase by €2 per week.

Renters: Almost €2m in additional funding has been allocated to the Residential Tenancies Board to support their increased powers to investigate and sanction non-compliance with Rent Pressure Zone measures.

Self-employed: For the self-employed, an increase to the Earned Income Credit by €150 will bring the value of the credit to €1,500, costing an additional €27m in 2020.

Housing: Over €2.5 billion has been allocated to the Housing Programme in 2020, allowing Government to continue to respond to the significant increase in demand for housing supports while also prioritising investment in the social housing programme.

  • Stamp duty for non-residential property will be increased by 1.5% effective from tonight.
  • €80m in funding will also go towards the Housing Assistance Payment scheme next year. This funding will support the existing tenancies availing of the payment, as well as an additional 15,750 new tenancies in 2020.
  • The Help to Buy Scheme will be extended in its current form for a further period of two years to the end of 2021.
  • €13m has been allocated for the Warmer Homes scheme to provide free energy efficiency upgrades to households deemed to be in or at risk of energy poverty.

Homelessness: €20m has been allocated to homeless services, bringing total funding to €166m in 2020. According to the minister, “This will support people in emergency accommodation and increase preventative measures, long-term support and day services.”

Mobility: €9m has been earmarked for sustainable mobility projects around the country including greenways and new urban cycling projects. An additional €3m has been allocated for electric vehicle infrastructure.

Policing: The budget of An Garda Síochána will be increased by €81m for 2020.

Tags: Money, work/life balance
Previous Post

A Cork illustrator just created the best snarky Christmas card

October 8, 2019
Next Post

Cork City Council just announced six-weeks of FREE parking in town

You May Also Like

Business, News

Cork workers ‘least likely to ask the boss for an advance’

December 2, 2019December 2, 2019
Business

How a free evening class could help you tackle your procrastination problem

November 25, 2019November 24, 2019
Business, News

Almost half of Cork adults do not have a pension (and we refuse to talk about it)

October 15, 2019October 15, 2019
Recent Posts
  • News

    Here’s a list of everything you can donate to SVP at Electric this Sunday

    December 12, 2019December 12, 2019
  • News

    Met Éireann has issued a Status Yellow weather warning for Cork

    December 12, 2019December 12, 2019
  • Food, News

    The Montenotte Hotel is serving Festive Afternoon Tea and who are we to argue?

    December 12, 2019December 12, 2019
  • Travel

    Bus Eireann has revealed its Christmas/New Year schedule (bookmark it now)

    December 12, 2019December 11, 2019
Subscribe to our newsletter



Follow us on Instagram

View on Instagram

Dec 10

Link to display lightbox
Instagram post 2195775981701375983_3567548481 #Repost @brendan.o.se
・・・
The last note heard 
#shotoniphoneseenbyme 
#thisiswhatcorklookslike #welikecorklike
View on Instagram

Dec 8

Link to display lightbox
Instagram post 2194403590148456852_3567548481 How frikkin’ adorable are these little mice on #barrackstreet #cork?
View on Instagram

Dec 8

Link to display lightbox
Instagram post 2194390147353905876_3567548481 The beautiful @neighbourfood_cork Apple Market - open today for an artists market if you fancy a coffee and a poke around #cork (take the left at @oshocork)
View on Instagram

Dec 7

Link to display lightbox
Instagram post 2193806603392939412_3567548481 We had such a lovely afternoon making Christmas wreaths with @jillwildflower and @hanako.flowerchild today @corkcountycc - festive AF 🎄Check out @jillwildflower for the next available dates.
View on Instagram

Dec 4

Link to display lightbox
Instagram post 2191445657998766396_3567548481 #Repost @stfranciskinsale
・・・
#lifeskills #poachedeggs #practicemakesperfect 
That’s a fine bit of curry oil drizzling over , our house baked sourdough and pickles . Look at that plate though!
:
#kinsale #dinnerplans #stfrancisprovisions #farmtotable #smallplates #thisisirishfood #tastetheisland #handmadewithguts #muah💋
View on Instagram

Dec 2

Link to display lightbox
Instagram post 2190275883625126971_3567548481 #Repost @sineaddebarra7
・・・
#today #december #winter #walkies #sky #trees #flowers #clouds #cloud #cold #flowers #skyporn #tree #cathedral #northcathedral #shotoniphone #filter #corkcity #cork #ireland #yaycork
View on Instagram

Dec 2

Link to display lightbox
Instagram post 2190133038213896140_3567548481 #Repost @caralaurynm
・・・
🥰 #yaycork
View on Instagram

Dec 1

Link to display lightbox
Instagram post 2189255275512600883_3567548481 Cork looking sharp this morning. What a day 😍 #welikecorklike #cork
View on Instagram

Nov 28

Link to display lightbox
Instagram post 2187155142495088529_3567548481 Couldn’t bate it with a stick. #Repost @caskcork
・・・
We’ve built quite a name for mixed drinks since we opened. However, if you asked our staff what their most loved drink was the majority would give you the same answer. A €4 hug. 
#beamish 
#pints #welikecorklike #cork
View on Instagram

Nov 25

Link to display lightbox
Instagram post 2185005214465428677_3567548481 #Repost @cathyflamingo
・・・
OK one more glimpse at The Glass Curtain before the big reveal. Love this photo as it shows off the beautiful view of @metropolehotelcork that can be seen as you dine ❤️ #flamingointeriordesign #theglasscurtain #interiordesign #interiorarchitecture #commercialdesign #restaurantdesign #irishdesign #mccurtainstreet #corkcity
View on Instagram

Nov 25

Link to display lightbox
Instagram post 2185003650660982021_3567548481 #Repost @sykes_36
・・・
I Can I Can't .⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
#canonuk #igersdublin #takemetochurch #studentlife #Corkcity #djispark #architecturephotography #visualcollective #ig_ireland_ #discoverireland #folktravel #architecture_hunter #living_europe #travellingthroughtheworld #lonelyplanet #cork #igersireland #electricshotz #worldtrip #yaycork #discoverireland
View on Instagram

Nov 20

Link to display lightbox
Instagram post 2181327466676949985_3567548481 Stylish little plate here by @thewoodfordcork 😋
・・・
Today’s Special : Stuffed Breast of Chicken with Mediterranean Veg and Lyonnaise Potatoes 😋 #corkfood #welikecorklike
Recent Posts
  • Ryanair just announced a new flight from Cork this summer

    Ryanair just announced a new flight from Cork this summer

    December 11, 2019
  • 5 things to know about Horgan’s Quay, Cork’s slick new ‘urban quarter’

    5 things to know about Horgan’s Quay, Cork’s slick new ‘urban quarter’

    December 11, 2019
  • The Fair Alternative Christmas Market returns this weekend

    The Fair Alternative Christmas Market returns this weekend

    December 11, 2019
  • Here’s the menu for Vish, Cork’s new all-vegan pop-up restaurant

    Here’s the menu for Vish, Cork’s new all-vegan pop-up restaurant

    December 11, 2019
  • To Washington Street, where Kino is hosting an Anti-Racist Christmas Party

    To Washington Street, where Kino is hosting an Anti-Racist Christmas Party

    December 10, 2019
View on Instagram

Dec 10

Link to display lightbox
Instagram post 2195775981701375983_3567548481 #Repost @brendan.o.se
・・・
The last note heard 
#shotoniphoneseenbyme 
#thisiswhatcorklookslike #welikecorklike
View on Instagram

Dec 8

Link to display lightbox
Instagram post 2194403590148456852_3567548481 How frikkin’ adorable are these little mice on #barrackstreet #cork?
View on Instagram

Dec 8

Link to display lightbox
Instagram post 2194390147353905876_3567548481 The beautiful @neighbourfood_cork Apple Market - open today for an artists market if you fancy a coffee and a poke around #cork (take the left at @oshocork)
View on Instagram

Dec 7

Link to display lightbox
Instagram post 2193806603392939412_3567548481 We had such a lovely afternoon making Christmas wreaths with @jillwildflower and @hanako.flowerchild today @corkcountycc - festive AF 🎄Check out @jillwildflower for the next available dates.
View on Instagram

Dec 4

Link to display lightbox
Instagram post 2191445657998766396_3567548481 #Repost @stfranciskinsale
・・・
#lifeskills #poachedeggs #practicemakesperfect 
That’s a fine bit of curry oil drizzling over , our house baked sourdough and pickles . Look at that plate though!
:
#kinsale #dinnerplans #stfrancisprovisions #farmtotable #smallplates #thisisirishfood #tastetheisland #handmadewithguts #muah💋
View on Instagram

Dec 2

Link to display lightbox
Instagram post 2190275883625126971_3567548481 #Repost @sineaddebarra7
・・・
#today #december #winter #walkies #sky #trees #flowers #clouds #cloud #cold #flowers #skyporn #tree #cathedral #northcathedral #shotoniphone #filter #corkcity #cork #ireland #yaycork
View on Instagram

Dec 2

Link to display lightbox
Instagram post 2190133038213896140_3567548481 #Repost @caralaurynm
・・・
🥰 #yaycork
View on Instagram

Dec 1

Link to display lightbox
Instagram post 2189255275512600883_3567548481 Cork looking sharp this morning. What a day 😍 #welikecorklike #cork
Facebook Twitter Instagram
  • About Us
  • Privacy Statement

© 2018 Yay Cork

Type and hit enter to display search result

When you browse this site, cookies and other technologies collect data to personalise the content and advertising you see. By clicking "Accept" or by continuing to use the site, you agree to this use of cookies and data.Accept Reject
Privacy & Cookies Policy

Necessary Always Enabled