Budget surplus likely to be slashed by up to €20bn as crisis-hit RTÉ will need €56m bailout - News Summed Up

Budget surplus likely to be slashed by up to €20bn as crisis-hit RTÉ will need €56m bailout


It can also be revealed that Media Minister Catherine Martin has been advised that crisis-hit RTÉ will need a bailout of nearly €56m. “I certainly don’t want to see the prices move towards the two-euro mark on the back of a government decision. “We do see the two-euro mark as a Rubicon that was crossed previously and resulted in the Government stepping in, back in March of last year. “There are real costs and there are constraints.”He said the entry point for the higher rate of income tax, tax credits and the USC are all being examined as part of the tax package. He noted the Government has expanded the 2pc USC band in line with changes to the minimum wage in recent budgets.


Source: Irish Independent October 01, 2023 15:25 UTC



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