Budget 2017 reaction: KPMG Ireland hails 'cautious and prudent' budget

Latest: The tax consultancy firm, KPMG Ireland, have called the Government's Budget "cautious and prudent".

5.55pm: The tax consultancy firm, KPMG Ireland, have called the Government's Budget "cautious and prudent".

Conor O’Brien, Partner and Head of Tax and Legal Services, KPMG in Ireland said: “This budget is cautious and prudent in its approach – no new personal taxes, some modest USC relief on the first €70,000 of income and efforts to improve access to housing.