MAIN POINTS

. Corporation tax at 30 per cent on first £50,000 profits.

. Corporation tax at 30 per cent on first £50,000 profits.

. Standard rate employers' PRSI cut from 12.2 to 12 per cent.

. Lower rate reduced from 9 to 8.5 per cent, while the threshold below rises from £12,000 to £13,000 a year, or from £231 to £250 a week.

. Employers' PRSI celing rises from £25,800 to £26,800.

. BES Scheme renewed for a further three years

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