A date has not yet been set for the announcement of Budget 2025, but the government are beginning to consider what cost of living measures they will be rolling out
The Minister for Finance has confirmed that a social welfare increase is on the way for thousands of people.
Read more:Social welfare Ireland: Reminder to Child Benefit recipients of payment date change this weekSpeaking to the Sunday Independent, the minister said he intends to increase the entry point for the top rate of tax while also cutting the Universal Social Charge . “I’m anxious to ensure that we protect the real purchasing power of people’s incomes relative to what they had before this current burst of inflation began to set in,” Minister McGrath said.
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