This extra fuel allowance payment is set to benefit as many as 370,000 people. A reduction in the amount of VAT on gas and electricity prices is also set to be ...
"The fuel allowance payment will be made in March, with the credit of €200 including VAT for electricity being applied to electricity accounts in April." One of the reasons why the VAT rate is being cut is to offset the cost of the carbon tax which is set to be introduced at the end of April. A reduction in the amount of VAT on gas and electricity prices is also set to be announced.
The Government is expected to announce plans to cut Vat on electricity and gas today to ensure homeowners are not impacted by the carbon tax increase. The ...
Local News Or you can email [email protected] at any time. An additional €100 fuel allowance payment will be made.
The payment - which makes up just over three weeks of the weekly €33 payment - will be paid to 372,000 recipients "in the middle of May", Finance Minister ...
The measures, which will kick in ahead of Carbon Tax increases in May, will cost the Government €46million. The Government has confirmed that Fuel Allowance recipients will get the lump sum as part of a raft of new cost of living measures. THOUSANDS of Irish households will be due a €100 one-off payment next month, the Government has confirmed.
According to reports, the reduction will not be offered on home heating oil or solid fuels. CSO figures show the midlands counties to be the highest users of ...
The measures under consideration by the Government come after the €200 energy discount, the decrease in excise on petrol and diesel, and the extension of the fuel allowance failed to ease the minds of struggling households. This would be paid to all 370,000 recipients of the fuel allowance in the form of one lump sum of €99. The changes would be introduced on a temporary basis and would require an amendment to the Finance Bill to reduce the VAT rate on energy from 13.5% to 9%.
Families that heat their homes with oil will miss out on moves to address the cost of living crisis by cutting energy Vat rates.
“Like all consumer goods and services, Vat is levied on the net price. Consumers are reeling after eight energy providers announced price hikes already this year. Meanwhile, the Government’s moves to cut Vat on household electricity and gas bills will still leave the Exchequer taking more in the tax this year than last year, an analysis has shown. Legislation will have to be passed by the Dáil to clear the way for the Vat cut but it is hoped that it will be signed off by May But the move could save bill payers €49 a year on electricity and €61 a year on gas and will cost around €75m before the end of the year. The Government will today announce plans to cut Vat on electricity and gas to ensure homeowners are not impacted by environmental tax increase.
As many struggle to meet the rising costs, the government is considering several additional measures to help the public with the rising cost of living.
As many struggle to meet rising costs, the government is considering a number of additional measures to help the public with the rising cost of living.
This would be paid to all 370000 recipients of the fuel allowance in the form of one lump sum of €99 - or three extra weeks of payment.
You can keep your Fuel Allowance if you move to JA from OFP, Carer’s Allowance or JST. - State Pension (Non-Contributory) - State Pension (Contributory)
THOUSANDS of Irish households who avail of the Fuel Allowance Payment could be set for a fresh €99 one-off payment.Under a raft of new cost of livin.
To qualify for the Fuel Allowance payment, recipients must firstly be legally resident in the State and the person mainly responsible for the heating costs of the household. Recipients must also live alone with a qualified spouse, civil partner, cohabitant or qualified child or children, a person in receipt of a qualifying payment who would be entitled to the allowance in their own right or a person who is in receipt of Carer’s Allowance or Carer’s Benefit in respect of providing full time care and attention to the Fuel Allowance applicant or their qualified other. Those who availed of the scheme in 2020 didn't need to apply again as they would still receive the payments this season once they still qualify for it. This would see the thousands who get the payment receive three weeks of the €33 payment in one go. THOUSANDS of Irish households who avail of the Fuel Allowance Payment could be set for a fresh €99 one-off payment. Around 372,000 Irish households avail of the Fuel Allowance, which runs for 28 weeks from the end of September to early April.
The Minister for the Environment, Climate and Communications has said the VAT cut to gas and electricity will help householders.
He said he believes that the Minister for Finance has "come up with a good solution and I hope Cabinet supports it today". The Cabinet is to sign-off on the plan today to reduce the rate from 13.5% to 9%, which will yield a yearly saving of €110 for households. The Minister for the Environment, Climate and Communications has said the VAT cut to gas and electricity will help householders.
CABINET IS EXPECTED to sign off on additional measures to help with the rising cost of living. Households will receive an additional three weeks payment of ...
Your contributions will help us continue to deliver the stories that are important to you He added: “I’ve been very consistent that we cannot entirely deal with or respond 100% to all of the increases that have happened as a result of the pandemic and as a result of the war.” Your contributions will help us continue to deliver the stories that are important to you