Ireland Deficit Reduction Plan
Published / Last Updated on 24/11/2010
Ireland Deficit Reduction Plan
These include:
- Corporation tax rate remains at 12.5%
- €10bn euros spending cuts
- €5bn euros in tax rises
- €7.65 euros per hour, new lower minimum wage
- Cuts in public investment and welfare and public sector pay
- Public sector pension reform
- 24,750 public sector job cuts
- 1% VAT increase 22% in 2013 and 23% 2014
- Domestic Water Rates to be introduced
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