MAIN POINTS OF BUDGET

The 27 per cent standard tax band increased by £500 for single people and £1,000 for married couples bands now £9,400 for single…

The 27 per cent standard tax band increased by £500 for single people and £1,000 for married couples bands now £9,400 for single people and £18,800 for couples.

Personal tax free allowances up by £150 to £2,650 for single people and by £300 to £5,300 for married couples.

Weekly earnings exempt from PRSI up from £50 to £80, £140 a year allowance gone income ceiling up from £21,500 to £22,300.

Earnings threshold for the payment of the combined 2.25 per cent health and employment/training levies up by £500 a year to £9,750, or from £178 to £188 weekly.

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SOCIAL WELFARE

3 per cent rise in social welfare/health benefits from June.

Child benefit up £2 a month per child from September.

Package of measures for the long term unemployed.

BUSINESS MEASURES

Employers' PRSI standard rate down 0.2 per cent to 12 per cent. Lower rate of employers' PRSI down from 9 to 8.5 per cent, threshold up from £12,000 to £13,000.

Cut in standard rate of corporation tax from 38 to 30 per cent for first £50,000 of profits.

CONSUMER GOODS

Extra 10p in excise duty on 20 cigarettes.

Extra 1p in excise duty on a litre of regular petrol and diesel. Extra 3.1p on a litre of super plus unleaded.