Income Tax - The top rate of income tax will be reduced from 41% to 40%. - The income tax standard rate band will be increased by €1,000 to €33,800 for single persons and to €42,800 for married one income couples. - Income tax relief will be available at the standard rate in respect of water charges up to a maximum of €500 per household per year. - First Time Buyers’ will be able to save for their first home and retain 100% of the interest that they earn on their savings. - T