Alternative budgets: What opposition parties suggest

Introducing a millionaires tax, phasing out the special rate of Vat for the hospitality sector and scrapping the help to buy scheme have all been suggested by opposition parties ahead of the Budget, writes Elaine Loughlin. 

The Social Democrats, Green Party and Solidarity-PBP all launched alternative plans yesterday ahead of next Tuesday’s Budget.

While the Social Democrats believe tax bands should not be changed and instead money should be injected into bettering health, education and other public services, on the other hand Solidarity-PBP would introduce a millionaires tax as well as a number of new tax bands for those earning €100,000 or more.