2011 Irish budget

Main points

• No reduction in state pension.
• €10 reduction in Child Benefit rates.
• €8 cut for social welfare, jobseekers payments.
• 4c on petrol, 2c on diesel from midnight.
• Revised air travel tax of €3 from March 2011.
• €40 payment for fuel allowance recipients.
• New minimum wage not in tax net.
• Public service pay will not be cut
• Public sector salary capped at €250k
• Public service pensions over €12k cut 4%
• Taoiseach salary cut by €14k; ministers by €10k
• Next President's salary to be capped at €250,000
• Employee PRSI/health levy pension relief gone
• Income/health levies to be replaced by single universal social charge. Rates on the charge will be 0% below €4,004 a year, 2% up to €10,036, 4% from €10,036 to €16,016 and 7% above this level
• Pension contributions subject to PRSI and Universal Social Charge
• Employee PRSI contribution ceiling removed
• Increase in the PRSI rate for the self-employed, higher earning public servants and office holders
• 1% tax on residential transactions up to €1m; 2% over €1m
• All stamp duty exemptions abolished
• Car scrappage extended for six months
• No change to Ireland's corporation rate
• Value of tax bands and credits to be reduced by 10%
• DIRT increased by 2%
• Online betting will be subject to the same betting duty as in bookie shops
• Carer's Allowance for those under 66 to be cut by €8 to €212 a week
• Disability Allowance being cut by €8 to €186 a week
• Business Expansion Scheme to be revamped
• 15,000 activation places for unemployed
• Third-level student charges are to rise by €500 to €2000
• Student grants are to be cut by 4%
• New passport fees for over 65s