Budget 2023

2022 - 9 - 25

Post cover
Image courtesy of "Independent.ie"

Budget 2023: €15 welfare hikes and €400 tax credit for renters at ... (Independent.ie)

Demands for a €400 tax credit for renters and a €15 increase on welfare rates are the main bones of contention as Coalition leaders seek to agree the final ...

Ms Martin has also been strongly supportive of reducing VAT for print media to zero, advocating for this to Cabinet colleagues since July after her Future of Media Commission report recommended so. This will include soundproofing grants will also help nightclub and night venue plans. However, Ms Humphreys insisted €15 a week is needed to support pensioners, carers and people with disabilities. However, a government source said they have not secured any further reductions they had been looking for. Housing Minister Darragh O’Brien has been seeking the introduction of a tax credit to help renters while also easing the tax burden on landlords. Excise duty cuts on petrol and diesel are set to be extend while Vat cuts on energy bills will also continue to remain in place for the coming months.

Post cover
Image courtesy of "Irish Mirror"

Budget 2023: One particular social welfare payment increase ruled ... (Irish Mirror)

Ahead of the official Budget 2023 announcement on Tuesday, the Minister for Social Protection gave an update on social welfare payments.

Promoted Stories The bonanza will be funded primarily from buoyant tax returns this year which are ahead of schedule and should see a surplus of more than €6 billion for the year. The Minister described the proposed €20 hike as "very ambitious," and said it would mean that there will not be money left for other measures. Ahead of the official announcement on Tuesday, the Minister for Social Protection, Heather Humphreys, has given an update on social welfare payments. Most homes will benefit from the incoming support for electricity, heating, groceries, and more while the Government has also reportedly opted to hold off its usual price hikes on the likes of alcohol and cigarettes. The Budget 2023 announcement is fast approaching with the public looking forward to a package of support aimed at cushioning the cost of living crisis.

Post cover
Image courtesy of "Dublin Live"

Budget 2023: Huge tax credit for renters being considered (Dublin Live)

Government officials are currently in last minute talks as they consider larger increases in social welfare hikes and tax credits under discussion.

It’s also expected that there will be an increase in the Fuel Allowance, with the threshold that a person must reach to receive the payment to also be expanded. Demands for a €400 tax credit for renters and a €15 increase in welfare rates are the main points of contention but [another social welfare hike has been ruled out](https://www.dublinlive.ie/news/dublin-news/budget-2023-one-social-welfare-25103738). The Green Party, on the other hand, is vouching for a significant childcare package. However, it is unclear if this will be introduced as Minister McGrath warned other areas need to be taken into consideration, with a €10 increase more likely. There have also been questions over how much the tax credit should amount to, with some suggesting it should be €200 while others have suggested a €400 a year payment. Social Protection Minister Heather Humphreys has also been pushing for a €15 hike in welfare rates.

Post cover
Image courtesy of "Irish Examiner"

Budget 2023: Government to increase entry point for top tax rate to ... (Irish Examiner)

It is understood that Public Expenditure Minister Michael McGrath has finalised his spending package for Tuesday's budget which is to be approved by the ...

So we have a number of different options in relation to that which we'll be discussing with the party leaders,” he said. There will be additional school bus funding to resolve the row over pupils left without places. Discussions are also continuing between Mr McGrath and Charlie McConalogue's Agriculture Department with an end reported in sight on Sunday afternoon. And both of us are also very aware of the needs of business. At present, the higher 40% tax rate kicks in on income over €36,800 for a single person. It is also understood that the current cut in fuel excise will be extended to February at least and it is likely to be extended beyond that.

Post cover
Image courtesy of "Independent.ie"

Budget 2023 boost: Free books for primary pupils, smaller classes ... (Independent.ie)

Childcare fees are set to be reduced by up to €170 per month under a deal struck by the coalition parties.

There are different categories of pupils on the school bus service. But the Irish National Teachers Organisation (INTO) had been campaigning for a greater improvement in staffing levels in Budget 2023 – a reduction to 22:1 in the staffing allocation – to speed up progress to the EU class size average. A boost in spending on special education will lead to the creation of 370 more classes – 234 in primary, 136 in secondary – for pupils with additional needs next September. It follows a commitment by junior minister for special education Josepha Madigan last week for the council to have an “appropriate level of staffing so as to ensure that it could deliver on its commitments and maintain a level of service in an expanding environment”. Extra funding to allow thousands of pupils to regain their seat on the school bus this year is also on the cards. The new funding will be in place from next year and is one of the key elements of the budget.

Explore the last week