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Government prepares for Budget...

National

Government prepares for Budget 2023

RedFM News
RedFM News

07:10 26 Sep 2022


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Families look set to benefit from a raft of measures in tomorrow's Budget.

The Irish Independent reports free schoolbooks will be provided to primary school pupils next year.

Negotiations on the €14bn Budget and cost of living package continued into the earlier hours of this morning.

For the first time ever, parents will no longer have to pay for school books.

From next September, all primary school children will get textbooks for free, while class sizes are also set to be reduced.

A doubling of the child benefit payment in November, and a €600 euro energy credit payment are among the other measures that'll aid families in tomorrow's budget.

It's expected childcare costs will also be reduced, however the details of this are not yet known.

For college students, annual fees of 3 thousand euro will be cut by €500.

The point in which people pay 40% income tax will rise from €36,800 to around €40,000

While social welfare payments are likely to increase by between €10-12 per week.

The details of Budget 2023 were being finalised until the early hours of this morning, and will be announced tomorrow.


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