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Budget 2020 Will Be Prepared On The Basis Of A No Deal Brexit.

: 09/11/2019 - 15:19

The government has agreed that Budget 2020 will be prepared on the basis of a no-deal Brexit.

The tax and spending plans for next year are due to be announced on October 8th - just weeks before Britain’s due to leave the EU.

Finance Minister says the decision to plan based on no deal is to give certainty to people across the country and businesses in vulnerable sectors.

Paschal Donohoe has confirmed any tax changes will be 'minimal' and although there will be a social welfare package in the budget, it will be scaled back compared to previous years.

900 million euro in capital spending will still go ahead.

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