Budget 2024 to help workers, parents and mortgage holders

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Budget 2024 to help workers, parents and mortgage holders
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Rising budget tensions with Department of Health following series of meetings on Sunday

Budget 2024: A welfare package of more than €1.1 billion is expected including social welfare increases and a double child benefit payment

There are significant tensions remaining over the health budget, however, with no agreement yet on potential budgetary measures for the next year. A senior source said last night that “significant gaps” remain over the health and social protection budgets.Pay-related benefits for those out of work ‘the way forward’, says HumphreysOn mortgages, a limited and targeted mortgage interest relief scheme is on the table – but only for those at risk of losing their home.

There will also be a large package of supports for businesses struggling with inflation which could involve business owners being given cash payments by December, sources said last night. “What I can say on the tax side is there will be a good income tax and USC package – all income earners, workers, pensioners will see a reduction on income tax and USC and also there will be a package to help small businesses”.

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