Parliament's budget committee is holding an emergency session today to discuss a package of tax changes. The package includes a one-off 33% windfall tax on banks, quick-loan firms and big companies in insurance, food retail and telecoms.

The cabinet approved the final texts of the laws last Wednesday. It also approved higher tax valuations for property, which MPs will look at too.

The background: Cabinet approves higher tax values for property and 33% windfall tax

From next year, the cap on food vouchers could rise to €200. The part above €102 will be taxed at 7%.

A €2,000 tax break is planned for a child who goes to after-school classes and sport.

Cars with more than 340 horsepower will pay excise duty, and the VAT registration threshold for firms will rise in stages.