Budget 2019 Has been Announced

Elaine Stenson
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Finance Minister Paschal Donohoe has been announcing the budget in the last hour.

The government is cutting tax and increasing spending next year.

There will be a €100 million scheme for affordable housing.

The health budget will increase by €1.2 billion giving 100,000 more people free GP cards.

The Tourism sector will be hardest hit with the VAT rate being increased from 9% to 13.5%.

Social Welfare increases are coming across the board to the tune of €5 a week.

While cigarettes are going up by 50c for a pack of 20.