What time does Budget 2025 start, where to watch it and what measures are expected

Budget 2025 will be announced today and is expected to provide some much-needed supports for the cost of living crisis. Here's everything you need to know about measures set to be included - from energy credits and fuel allowance adjustments to socia

By: irishmirror.ie

Oct 01 2024
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What time does Budget 2025 sta

Budget 2025 will be announced this afternoon, with the public looking forward to a package of supports aimed at cushioning the cost of living crisis.

Most households are expected to benefit, with tax cuts and child-related supports among the key measures set to be announced amid the prospect of a winter general election.

The Fine Gael, Fianna Fail and the Green Party Government is to unveil €8.3 billion worth of measures, which is expected to include changes to income tax thresholds, a cut to the Universal Social Charge and an increase to the €750 renters tax credit. The Government is also expected to announce a cost-of-living package including punter-friendly energy credits and two double child benefit payments.

Speaking in an Instagram video on Monday evening, Taosieach Simon Harris said that the Budget aims to help people with the cost of living.

Here's everything we know so far about when it will be announced, where it can be watched and what's in it for the public.

What time will Budget 2025 be announced?

Budget 2025 will be announced this afternoon, Tuesday, October 1, 2024. It will be presented to the Dail by Finance Minister Jack Chambers, followed by Public Expenditure Minister Paschal Donohoe from 1pm.

Where can I watch Ireland's Budget 2025?

Both RTE and Virgin Media are expected to provide live coverage on TV. You can also follow live updates on the Irish Mirror's blog.

What's in Budget 2025 for me?

Tax cuts and child-related supports are among the key measures to be unveiled in Budget 2025. It is expected to include changes to income tax thresholds, a cut to the Universal Social Charge and an increase to the €750 renters’ tax credit.

The Government will also announce a cost-of-living package including punter-friendly energy credits and two double child benefit payments.

A “baby boost” payment of €420 - suggested by Green Party leader and Children’s Minister Roderic O’Gorman to help parents with the costs of a newborn baby - has also been approved, along with a €15 increase in maternity and paternity benefit.

Among the other notable measures included in the Budget are free hormone replacement therapy from January, which could save women between €360 and €840 a year, and funding for 400 new staff and digital investment at the International Protection Office.

The Government is also expected to outline how €14.1 billion in Apple tax revenues should be spent, which Ireland received after losing a long-running state aid case against the European Commission in September.

Here are 12 things we expect in Budget 2025 and you can follow live updates as the Budget is announced HERE.

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