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More cost of living relief mea...

National

More cost of living relief measures announced in Budget 2025

Lana O'Connor
Lana O'Connor

02:14 1 Oct 2024


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250 euro electricity credit in two parts - one before the end of the year and one after

300 euro to those on fuel allowance in November

200 euro extra on the living alone allowance

400 euro to those on carers support grant, disability allowance, blind pension, invalidity pension and domiciliary care allowance

Other key Budget 2025 talking points -

  • The exception to allow employers to give employees vouchers or other non-cash rewards is increasing from 1,000 to 1,500 a year
  • The 9% rate of VAT on gas and electricity is being extended six months to 30th April 2025
  • The VAT rate on heat pumps is to be reduced from 23 to 9 per cent
  • School transport fee reduction and state exam fee waiver continue
  • 1,000 euro reduction on student contribution fee
  • A baby bonus of 420 euro to be paid for each newborn child
  • An October and a Christmas social welfare double payment will be made
  • Two double payments of child benefit will happen in November and December
    400 euro lump sum on the working family payment this year
  • National Childcare Scheme budget to increase 44% leading to full time childcare costs reducing by an average of 1,100 a year
  • Free schoolbooks extended to all secondary schools
  • Money to keep schools smartphone free and allow them to buy tech to do that

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