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
In a move to woo voters ahead of the upcoming elections, the government has unveiled a pre-election budget packed with benefits and changes. Workers can look forward to tax cuts, while pensioners will see an increase in their payments. Families are also set to benefit from a double child benefit payment, offering some financial relief. … Read more
Workers are in for a significant financial boost as the upcoming budget is set to adjust tax bands to align with wage growth. Additionally, changes to the Universal Social Charge (USC) are anticipated, providing further relief. However, the reintroduction of the special 9% VAT rate for the hospitality sector is unlikely. The Department of Finance … Read more
Ireland has earmarked a bumper €8.3 billion package for the forthcoming Budget 2025, before the country goes to the general elections later this year or in 2025. Releasing the Summer Economic Statement, which outlines the parameters for the October 1 Budget, Finance Minister Jack Chambers said the package comprises additional public spending amounting to €6.9 … Read more