There are currently no plans to make any changes to the rate of income tax in budget 2021.
The Department of finance says implementing hikes or cuts at this time would be counter-productive.
Budget 2021 is also being prepared the assumption that there will be a no-trade deal Brexit at the end of the year.
The government expects to borrow between €15 billion and €19 billion to deal with the cost of COVID and Brexit next year.
It's also been agreed that the budget will pay particular focus on Health, Housing and Climate change.
Budget 2021 will also prioritise a continued response to the Covid-19 crisis rather than ‘normal’ budgetary adjustments
