Single person tax credit increases from €1,760 to €1,830

Married couples tax credit increases from €3,520 to €3,660

Standard rate band increases from €34,000 to €35,400 for a single person/widower

Standard rate band for a married couple on one income increases from €43,000 to €44,400

Standard rate band for married couples with two incomes increases from €68,000 to €70,800

Standard rate band for single parents increases from €38,000 to €39,400

Stamp Duty reduced and simplified

Mortgage interest relief is increased by €2,000 p.a. for a single person and €4,000 p.a. for a married couple/widowed person

Rent-a-room relief increased by €2,380 p.a.

Tenant rent relief increased by 11%

Health levy threshold increased from €480 to €500 per week

While the rate of Employee PRSI remains unchanged at 4%, the income threshold is increased from €48,800 to €50,700

A & E charges increase from €60 to €66

Monthly drugs Payment Scheme threshold is increased from €85 to €90

Child Benefit is increased by €6 to €166 each per month for the first two children and from €195 to €203 for third and subsequent children

Early Childcare Supplement is increased by €100 to €1,100 per year

No change to excise duty on alcohol

No change to duty on petrol or diesel

Excise Duty on a pack of 20 cigarettes is being increased by 30c (including VAT) with a pro-rata increase on other tobacco products

The VAT registration threshold for the supply of services increases to €37,500 and the threshold for the supply of goods increases to €75,000.

The corporation tax liability threshold for treatment as a small company has been increased from €150,000 to €200,000

VAT standard rate remains at 21%

VAT lower rate remains at 13.5%

Corporation tax rate remains unchanged

The current rate of 20% Capital Gains Tax (CGT) remains unchanged

The exemption for income received in respect of certain leases of farmland by retired farmers stays at €12,000 per annum for leases of between five and seven years and €15,000 per annum for leases of between seven and ten years. A new exemption limit of €20,000 applies to leases of ten years or more as from January 1st 2007.