In a move set to delight families across the country, the government has announced a significant expansion of free public transport access in Budget 2025. The new measures aim to make travel more affordable and accessible for both young children and seniors. According to The Journal, children aged five to eight will now enjoy free … Read more
Ireland’s Finance Minister Jack Chambers Tuesday unveiled a €10.5 billion budget for 2025, including a €2.2 billion cost of living package in a bid to support low and middle-income earners. Here are the key highlights of Chambers’ budget speech presented in Dáil Éireann: Income Tax — Chambers has raised the income tax standard rate threshold … Read more
Ireland’s Finance Minister Jack Chambers on Tuesday unveiled a €10.5 billion budget for 2025, including a €3 billion earmarked for infrastructure and €2.2 billion cost of living package in a bid to support low and middle income earners. The €3 billion for infrastructure spending “will help build on current progress, eliminating key infrastructural bottlenecks more … Read more
The Irish government is set to unwrap a hefty €2 billion cost of living package in the upcoming Budget 2025, according to sources close to the negotiations. This financial gift to the nation includes a series of once-off payments aimed at easing the burden on households before and after the festive season. Families can look … Read more
The Irish government is set to increase the standard rate tax cut-off point by €2,000 in the upcoming Budget, RTE reported. This adjustment will raise the threshold from €42,000 to €44,000, allowing individuals to pay the lower 20 per cent rate of income tax on earnings up to the new limit. The change was agreed … Read more
The Irish government is considering a move to reduce the universal social charge (USC) from 4 per cent to 3 per cent for individuals with incomes between €25,760 and €70,004 in next week’s budget, according to a report in the Business Post. This move is part of ongoing discussions about income tax relief and other … Read more
Finance Minister Jack Chambers has confirmed that the government is exploring options for a “further permanent expansion” of the rent tax credit in the upcoming Budget 2025. This move aims to provide additional financial relief to renters amid the ongoing cost-of-living challenges. There has been widespread speculation that the rent tax credit, which currently stands … Read more
Former Green Party leader Eamon Ryan is determined to push through a controversial land tax in the upcoming Budget 25, despite objections from coalition partners. The Residential Zoned Land Tax (RZLT) aims to tackle land hoarding, which Ryan believes is “absolutely critical to addressing the housing crisis we face.” The proposed tax has sparked a … Read more
The Irish government is considering an energy credit of up to €250 in the upcoming budget 2025 to help alleviate the cost of living for households, RTE reported. The development comes a day after the Tanaiste, Micheal Martin, said the energy credit will be paid to households before the end of the year. However, no … Read more
A majority of people living in Ireland would prefer the Universal Social Charge (USC) to be removed in the upcoming Budget 2025, rather than seeing an increase in the income tax threshold, according to a new poll. The poll, conducted by Red C/Business Post, revealed that 49 per cent of those surveyed were in favour … Read more
In a move set to lighten the load on Irish wallets, Taoiseach Simon Harris has unveiled plans for a substantial tax cut in the upcoming Budget 2025. Speaking at the Ibec presidential dinner, Harris outlined a €1.4 billion tax package aimed at putting more money back in the pockets of hardworking citizens. The centerpiece of … Read more
Housing Minister Darragh O’Brien is pushing for additional tax cuts for individual landlords in the upcoming Budget 2025, set to be announced on October 1. The move aims to further reduce what O’Brien describes as an “undue” tax burden on property owners who rent out their homes. Last year’s budget introduced a tax relief measure … Read more
Ireland Finance Minister Jack Chambers is considering to extend the bank levy as part of the upcoming Budget 2025, RTE reported. The levy, which was first introduced in 2014, has been extended several times over the past decade and is set to raise around €200 million this year alone. The bank levy is calculated based … Read more
The Irish government is considering a move to increase the national minimum wage by over €1 an hour in the upcoming Budget 2025, the Irish Independent reported. According to the report, the Low Pay Commission has recommended hiking the basic hourly rate of pay to at least €13.70 from the current €12.70 an hour. An … Read more
Dublin – Ireland’s growing population is placing significant pressure on the government’s upcoming Budget 2025, according to Minister for Public Expenditure, Paschal Donohoe. Speaking to reporters on Thursday, Donohoe emphasized the challenges of maintaining public services as the country’s population continues to expand. According to Breaking News, the budget, which includes a €6.9 billion spending … Read more