Budget 2022 main points: What’s in it for you?

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Budget 2022 main points: What’s in it for you?
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Budget 2022 main points: What’s in it for you? Budget2022

, a multibillion-euro package aimed at reducing the cost of living, aiding the economic recovery as Ireland emerges from the Covid pandemic and tackling major problems including housing and climate change.- Standard rate bands increased by €1,500- Income tax deduction of 30 per cent of cost of vouched heat, electricity and broadband expenses incurred while working from home

- Tax credit for remote working, which will equate to a discount of 30 per cent on energy bills for each day worked from home. Tánaiste Leo Varadkar said he expects the average level of support that will be claimed with regards to utility bills is around €220 per annum. According to officials, the net amount people at the top rate of tax would receive under the scheme would be about €100 per year.

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