Budget 2025: Cost-of-living package worth €1.5bn under consideration

Budget News

Budget 2025: Cost-of-living package worth €1.5bn under consideration
Energy-CrisisEamon-Ryan
  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 46 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 98%

Figure would allow mix of lump-sum payments to welfare recipients and further rollout of energy credits

While householders can expect another round of energy credits, they will be worth less than the three payments of €150 rolled out in last year’s budget. Photograph: iStock

This would allow another mix of lump-sum payments to welfare recipients and the further rollout of new energy credits. The final figure for the cost-of-living package would be agreed next week, a third source said. While householders can expect another round of energy credits, they will be worth less than the three payments of €150 rolled out in last year’s budget.

It is understood that up to €7 million has been identified for an immediate provision to allow some works to proceed, but the balance of funding has already been spent despite being allocated for spending in 2024. A political row erupted when it was suggested the tax would be deferred from its planned start next year. Sources in both Fianna Fáil and the Green Party expressed optimism on Tuesday that a new proposal would be put forward which would exclude farmers who have genuine plans to use their land for farming.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IrishTimes /  🏆 3. in İE

Energy-Crisis Eamon-Ryan

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Budget 2025: Full list of cost of living changes expected in upcoming budgetBudget 2025: Full list of cost of living changes expected in upcoming budgetBudget 2025 is weeks away, with many social welfare changes anticipated affecting schemes such as Child Benefit, Fuel Allowance, State Pension and more
Read more »

Budget 2025: Cost of Living Package Expected to Include Tax Cuts, Rent Support and Energy CreditsBudget 2025: Cost of Living Package Expected to Include Tax Cuts, Rent Support and Energy CreditsWith Budget 2025 scheduled for October 1st, speculation is rife about the cost of living package. Ministers are hinting at tax cuts for low and middle-income earners, increased childcare provisions, free school books, and support for energy bills, rent, and mortgage payments.
Read more »

All the cost of living changes expected to be announced in Budget 2025All the cost of living changes expected to be announced in Budget 2025Government ministers have hinted about what the public should expect for Budget 2025, with a number of social welfare changes looking likely
Read more »

Budget 2025: Energy supports expected to form part of cost of living packageBudget 2025: Energy supports expected to form part of cost of living packageBudget 2025 is expected to contain some sort of measure to address “energy affordability”, with cabinet ministers set to reconvene next Tuesday for their first meeting ahead of the new political term
Read more »

Cost of living Ireland: Everything we know about Budget 2025 - social welfare, workers & familiesCost of living Ireland: Everything we know about Budget 2025 - social welfare, workers & familiesWe’re counting down the days until the Minister for Finance, Jack Chambers, and the Minister for Public Expenditure & Reform, Paschal Donohoe, confirm their cost of living package
Read more »

Budget 2025: Roderic O'Gorman calls for 'baby boost' worth over €500 for parentsBudget 2025: Roderic O'Gorman calls for 'baby boost' worth over €500 for parentsSpeaking in Newry, Tánaiste Micheál Martin said Mr O’Gorman’s proposal was “interesting”
Read more »



Render Time: 2025-02-16 12:27:13