The Government has unveiled a 6.4 billion euro Budget package for 2024.
It includes tax cuts, increases to a box of cigarettes, and cuts to the costs of childcare. The average worker will be 780 euro better off after a number of income tax measures were announced by Michael McGrath.
The higher rate of income tax entry point will go up to 42 thousand, while there are cuts to USC. A packet of cigarettes will go up by 75 cents, while petrol and diesel will go up by 2.1 and 2.5 cents respectively due to an increase in carbon tax
5.3 billion has been committed in spending, along with 2.3 billion euro cost of living package However the overall health spending of 22.5 billion is down from last year's total budget of 23.4 billion.
And there is yet to be any clarification on what will happen with the 7 billion euro housing fund, other than what has already been announced through Housing For All. Childcare costs will be cut by a quarter from next year, there will be 1000 new Gardai and a 12 euro increase in core social welfare rates.
