Major Cost of Living Changes Begin in January

ECONOMY News

Major Cost of Living Changes Begin in January
SOCIAL WELFARECOST OF LIVINGJANUARY CHANGES
  • 📰 IrishMirror
  • ⏱ Reading Time:
  • 74 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 98%

A range of social welfare payments and employment benefits are set to increase in January, while some drivers may face higher costs. This article outlines the key changes affecting individuals and households in Ireland.

January doesn't just ring in a new year, it also heralds the onset of numerous cost of living changes. From significant boosts for thousands on social welfare to certain drivers facing hikes - nearly everyone will feel the pinch in some way. But there's been some good news. Here's what you need to know about what is changing from this month.

Social welfare increases It was decided that the maximum weekly rate of Maternity Benefit, Adoptive Benefit, Paternity Benefit and Parent’s Benefit will increase by €15, while all other weekly social welfare payments will increase by €12 with proportional increases for qualified adults and people on reduced rates of payment, reports RSVP. The Increase for a Qualified Child (IQC) will be renamed the Child Support Payment. The weekly rate will increase by €4 from €46 to €50, for children under 12 years of age. It will increase by €8 from €54 to €62 for children aged 12 years and over. The Domiciliary Care Allowance will go from €340 per month to €360 per month, while the Carer’s Support Grant, which is paid once a year, is now worth €2,000 instead of €1,850. Here are all the payments being increased by €12, with proportional increases for qualified adults and people on reduced rates of payment: While the payments listed below will not be increased at all: Working Family Payment Working Family Payment income limits Fuel Allowance The Fuel Allowance means test disregard for people aged 66 and over will be €524 for a single person and €1,048 for a couple. Carer’s Allowance will become a qualifying payment for Fuel Allowance. Employment programmes People on Community Employment (CE), Tús and the Rural Social Scheme will get an increase of €12 per week. People on the Work Placement Experience Programme will get an increase of €24 per wee

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:

IrishMirror /  🏆 4. in İE

SOCIAL WELFARE COST OF LIVING JANUARY CHANGES IRELAND ECONOMY

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.

Cost of Living Changes in Ireland for January 2025Cost of Living Changes in Ireland for January 2025This article outlines the upcoming cost of living changes in Ireland for January 2025, focusing on social welfare increases and other relevant updates.
Read more »

Ireland's Cost of Living Changes for January 2025Ireland's Cost of Living Changes for January 2025This article outlines the cost of living changes in Ireland for January 2025, focusing on social welfare increases, changes to the Fuel Allowance and other relevant updates.
Read more »

Full list of cost of living changes coming into effect in Ireland from January 1Full list of cost of living changes coming into effect in Ireland from January 1A number of changes will take place in the New Year thanks to Budget 2025, including payment increases, tax changes and brand new grants
Read more »

Budget 2025 Changes: Cost of Living Increases and Tax Changes to Kick In from JanuaryBudget 2025 Changes: Cost of Living Increases and Tax Changes to Kick In from JanuaryA host of changes from Budget 2025 are set to come into effect in the coming days, including payment increases, tax changes, and new grants. Many of these measures will be implemented from January 1st, 2024.
Read more »

Budget 2025: Ireland to see cost-of-living relief from January 1Budget 2025: Ireland to see cost-of-living relief from January 1Budget 2025 measures will bring financial relief to Irish households from January 1, 2025. These changes include social welfare payment increases, boosts to maternity and paternity benefits, an energy credit for all households, a rise in the national minimum wage, and a reduction in the Universal Social Charge (USC).
Read more »

Social Welfare and Cost of Living Changes in January 2025Social Welfare and Cost of Living Changes in January 2025This article details the various social welfare and cost-of-living changes coming into effect in January 2025, impacting both recipients and drivers in Ireland. It outlines increases in weekly payments for maternity, adoptive, paternity, and parent's benefits, as well as other social welfare programs. The article also highlights changes to the Child Support Payment, Domiciliary Care Allowance, and Carer's Support Grant. It also mentions fuel allowance updates and adjustments to employment programs.
Read more »



Render Time: 2025-03-13 10:42:38