Budget - 2006

[SPDAY]

BUDGET2006


E1,000 Childcare Supplement
Finance Minister, Brian Cowen, has introduced a direct payment of
E1,000 per year.

This will be a direct payment available equally to all parents
regardless of their labour force status for each child up to six
years old.

These payments, which will be exempt from income tax and levies,
will be made on a quarterly basis in respect of more than 350,000
children who are less than six years of age. The first payment
will be made in mid-2006 and will cover the second quarter of 2006.
This scheme will cost E265 million in 2006 and E353 million in a
full year


Paid maternity upped by 4 weeks

Minister for finance Brian cowen said in his budget speech that
parental leave for parents of newborn babies will rise by 4 weeks
from March next year to 22 weeks and unpaid leave will also rise

He said he will increase paid leave by another 4 weeks in 2007
bringing the total leave allowance to 6 months by 2008

Unpaid leave allowance will also rise by 4 weeks next year and
another 4 weeks in 2007

Parents of newborn infants will have a total allowance of 56 weeks
by 2008, he said


Childcare to get E317m by 08

The Minister for finance in his Budget speech said he has
allocated E317m next year for childcare and E600m by 2008

He said he is working to reach a simple and user-friendly system
and proposes a five year strategy to increase the number of places

He raised the tax exemption limit for childcare in the home to
E10,000

An investment programme will see grants to childcare facilities of
E50,000 doubled to E100,000 and community place raised to E1m

The budget measures will allow for 65,000 new places by 2010. with
a total expenditure of E790m including new finance introduced last
year

Cowen said the programme targets 17,000 new childcare workers by
2010


Minister for Finance Brian Cowen has delivered his Budget speech to the Dáil, targeting the lower-paid and parents.

Mr Cowen announced a "significant extension" of maternity leave, a new childcare supplement for children under the age of six and a modest increase in child benefit payments.

From next March women with newborn children will be entitled to an extra four weeks' paid maternity leave, bringing the total to 22 weeks paid leave in 2006. An additional four weeks of paid leave will be available in 2007, by which time mothers will be entitled to 26 weeks, or six months, of paid maternity leave.

An additional four weeks in 2006 and another four weeks in 2007 will be available in unpaid leave. The reform will mean that by 2007 women will be able to take a total of 56 weeks' paid and unpaid leave.

An annual supplement of ?1,000 will be paid to parents of children under the age of six. This payment, costing ?265 million next year, will begin in the middle of 2006. It will be payable to all qualifying parents regardless of income.

Child benefit will rise to ?150 per month for the first and second child and to ?185 for third and subsequent children.

Mr Cowen said the aims of the Budget were to improve equality and opportunity and support lower income earners.

The old age pension is to rise by ?14 to ?193 per week, an increase of 8 per cent. The weekly fuel scheme is to rise from ?9 to ?14 per week. Tax on home heating oil will be reduced.

The old age pension is to rise by ?14 to ?193 per week, an increase of 8 per cent. The weekly fuel scheme is to rise from ?9 to ?14 per week. Tax on home heating oil will be reduced.

The employee tax credit will rise by ?220 and the personal tax credit will rise by ?50. That measure will lift 52,000 low income earners out of the tax net altogether.

Mr Cowen said GDP growth was projected at 4.5-5 per cent in 2006 with inflation of 2.7 per cent. Minimum wage earners will be lifted out of tax net, there will be a freeze on indirect taxes, social welfare payments will be well ahead of inflation and infrastructure and education will be a priority.

Some ?900 million in capital spending has been set aside for third level institutions by 2010 and ?300 million for higher education.

"I want to improve equality and opportunity for all in society. I want to help those on lower incomes," Mr Cowen said.

[YellowMan]

Хм, я как-то ожидал большего.
Ну да ладно - коню как говорят в зубы не смотрят

[KaraNagai]

вот моя выжимка соответственно:

Короче раздача слонов состоялась. Основные слоны (грубо, с моей шкурной точки зрения):

1. Повышение границы стандартного рейта подоходного налога. Для одиноких - с 29.4К до 32К, для первого дохода в семье - с 38.4К до 41К, для второго дохода в семье - с 20.4К до 23К.

2. Увеличение employee tax credit с 1270 до 1490 евро в год, а также персонального кредита с 1580/3160 до 1630/3260 (для одиноких/семейных соответственно).

3. PRSI теперь не будет браться с доходов до 300 евро в неделю (раньше - 287), а также со всех доходов выше 46600 евро в год (раньше - 44180). Последнее, правда, не слон, а антислон.

4. Дополнительные к child benefit 1000 евро в год на каждого ребенка до 6 лет, плюс увеличение самого чайлд бенефита на 100 евро в год. (8.4 евро в месяц).

5. Увеличины так же гранты на строительство крешей в рамках принятой 5-летней программы по развитию чайлдкейра. Обещают что в результате предложение увеличится и цены на садики если не упадут, то по крайней мере не поднимутся.

6. Принята также 5-летняя программа по инвестициям в высшую школу, которая обойдется налогоплатильщику в 1.2 миллиарда. Кроме того впервые решено выделить отдельные средства (200 миллионов евро в течении тех же 5 лет) на развитие так называемого 4rd-level образования, то есть PhD программ и т.п. Лично для меня это - большой слон, а вот для среднего ирландского налогоплатильщика - не факт.

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