Posted by Schooldays Newshound, on 13/10/2015. Tags: Parenting
Here is a summary of some of the main Budget 2016 points released today with particular relevance to families:Tax & USCEntry point to the USC will rise from €12,012 to €13,000
The three lower USC rates are to fall - the 1.5 per cent rate will be cut to 1 per cent, 3.5 per cent to 3 per cent, and the 7 per cent rate will fall to 5.5 per cent on income between €18,688 and €70,044.
Threshold for family income supplement will be widened to allow more families avail of the weekly tax-free payment available to employees with children.
Minimum wage to rise to €9.15 per hour from 1st January next
Childcare package will include a second year of free pre-school care for every child aged between three and five.
Child benefit will rise €5 to €140 from January
Two weeks paid paternity leave will be introduced.
Free GP Care will be extended to all children under 12 (subject to negotiations)
15 million allocated to fund children with disabilities in early childhood settings
Education (for full outline on education in Budget 2016 click here)
2,260 additional teaching posts to be provided in 2016, including 600 new resource teachers.
Pupil teacher ratio will go from 28:1 to 27:1 at primary and from 19:1 to 18.7:1 at second level.
DO you agree with Budget 2016? How does it effect you? Please leave a comment.