Details of Budget 2023 will be announced by Government next week as the public anticipate which measures will be put in place to help people cope with the cost of living crisis.
While the finalised details have not yet been released, here we look at what you can expect Finance Ministers Paschal Donohoe and Michael McGrath will spend the €6.7 billion on. To help people pay their bills, it is believed each household will receive three €200 energy credits. Childcare Childcare is a major priority for Government in this year's Budget, aside from the cost of living package.
The Government hope to tackle this by extending the reduction in excise duty on petrol and diesel, and more reductions could also be introduced. Minister Paschal Donohoe is also considering incrasing the tax-free bonus amount an employer can give their employees from €500 to €1,000 annually.
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VFI calls for urgent energy supports in BudgetA new survey shows that due to the mounting cost of living pressures people are planning to cut back on the number of their visits to pubs for the rest of the year.
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