Government revs up for a green budget

THE “greenest” ever budget is expected to be unveiled by the Government tomorrow with an overhaul of the vehicle registration tax system at its core.

Changes in the tax credits and bands which would bring those on the minimum wage out of the tax net are also expected, in addition to increases in mortgage interest relief and increases in VRT.

However, with the Government only increasing current spending by 8%, implementation of the pre-election pledge to reduce the top rate of tax by 1% and halve PRSI is not expected.