On Tuesday, Paschal Donohoe, the minister of finance, revealed the government's cost-of-living budget, which among other things saw an increase in welfare payments, reductions in childcare expenses, and three energy credits.
The public had been assured by the government that a wide range of initiatives were being prepared to assist households in managing the rising cost of living as the cost of all goods and services, including food, bills, and services, continue to soar.
Before the end of 2022 and into 2023, the list of newly announced actions will be implemented in order to address specific issues.
From today
For a 20-pack of cigarettes, smokers will now have to pay an extra 50c starting today, September 28.
Minister Donohoe announced that the excise on gasoline and diesel will remain down until February 2023, limiting further increases in price.
Finally, starting today, renters will be eligible for a €500 tax credit on monthly payments made in 2022.
October
The administration decided to implement a Halloween double social welfare bonus for everyone receiving core payment systems in October.
The NORA fee will be eliminated, which will counteract the increased carbon tax that begins that month as well.
Additionally, in October, there will be a €1,000 payment cut for third-level students.
According to the Budget, November will see the largest change for Irish pockets before 2023, with several social assistance increases arriving before the Christmas season.
Child Benefit recipients will have their benefits increased to a total of €140 per child.
To ease one of the public's top concerns—housing bills—the first €200 energy credit will be distributed to all households.
Those receiving the following payments: working families, caregivers, disabled individuals, and blind people will each receive a one-time boost of €500.
Similar to this, recipients of the Living Alone Allowance will receive a one-time raise of €200.
Students with received double their grant payment and households will be handed a €400 fuel allowance lump sum.
December
Heading into December, the final Budget benefit arriving is a second Social Welfare double bonus, which will be given to all core welfare recipients.
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