Other Measures

Other measures announced in the Budget include: 

  • As outlined in last years, Finance Act, the National Training Fund Levy will increase by 0.1% per annum over the next two years, bringing the Levy from 0.7% to 1% by 2020. The additional revenues raised will be used to fund the higher and further education sectors. The 0.1% increase in the Levy in 2019 will result in higher Employer PRSI rates applying to earnings of employees in Class A and Class H employments. 
  • A tax on sugar-sweetened drinks was introduced from 1 April 2018. The definition of a sugar sweetened drink has been amended to ensure that certain categories of beverages that do not meet a minimum calcium content are brought within the remit of the tax.
  • An increase of 1% on the VRT rate applying to diesel passenger cars and light commercials vehicles was introduced and is effective from 1st January 2019.
  • The VRT relief available for Hybrid vehicles is extended to 31st December 2019.
  • Increase in the duty on tobacco products including a 50c increase in the price of a packet of 20 cigarettes with a pro-rata increase on other tobacco products. 

Return to Budget 2019 Analysis