July Stimulus: VAT reduction, Help to Buy boost, grants and subsidies

Tánaiste and Minister for Enterprise Leo Varadkar, Taoiseach Micheal Martin and Minister for Climate Action, Communications Networks and Transport Eamon Ryan, pictured today. Photo: Sam Boal/RollingNews.ie

The rate of VAT will be reduced as part of the July stimulus plan, announced at Dublin Castle this evening by the Taoiseach, the Tánaiste and Minister for Enterprise, and cabinet ministers.

There will also be changes to the 'Help to Buy' Scheme, as part of the 7 billion euro package.