1. Budget 2013
• Minister for finance Michael Noonan

2. • Property Tax
• New Local Property Tax to be introduced on
1 July 2013.
• Exemptions will include:
• Any new or previously unoccupied homes
purchased up to the end of 2016;
• First-time buyers in 2013;
• Those in unfinished estates for the next
three years;
• Most of those exempt from Household
Charge this year.
• The tax will be charged at 0.18 per cent of
the market value for houses worth under €1
million.
• Houses valued at more than €1 million will
be charged at 0.25 per cent of market
value.

3. • €10 euro wiped off Child Benefit every
month.

4. Cigarettes and Alcohol
• A bottle of wine will be more expensive from
midnight because of a €1 rise in excise duty;
• Pints of beer and cider will jump by 10c;
• Excise duty on spirits will rise by 10c per
standard measure;
• The duty on a packet of cigarettes will increase
by 10c;
• Roll-your-own tobacco will increase by 50c per
packet.

5. • A three-fold jump in prescription charges
for medical card holders from 50 cent to
1.50 euro.

6. • The Student Contribution Charge will
increase by €250 next year, resulting in
families paying €2,500 per child in the
2013/2014 academic year.
• The charge is due to increase by €250
every subsequent year until 2015, when it
will be €3,000.

7. • 50 euro cut from back-to-school
allowance, down from 250 euro to 200
euro.

8. • TDs will now have to vouch for their
expenses, while party leaders will have
their special allowance cut by 10%.

9. • Motoring
• The excise duty on petrol is to remain
unchanged.
• Vehicle Registration scheme to change to
a dual-system so next years cars will be
either 131s or 132s;
• The rates of both VRT and motor tax
across all categories will increase with
effect from the 1 January 2013.

10. • Carbon tax is to be extended to solid fuels on a phased
basis over two years. A rate of €10 per tonne will apply
from 1 May 2013 and increase to €20 the following year
• Corporation tax is to remain unchanged.
• DIRT is to increase from 30 to 33 per cent.
• Capital Acquisitions Tax is to increase by 3 per cent to
33 per cent.
• The threshold to which Capital Acquisitions Tax applies
is to be reduced by 10 per cent;
• From 1 July 2013, Maternity Benefit will be treated as
taxable income but will be exempt from the USC.