BUDGET 2023 MAIN POINTS
COST OF LIVING
■ €600 off electricity bills in three instalments in the coming months.
■ A double child benefit payment on November 1
■ €400 for Fuel Allowance recipients before Christmas.
■ Two double payments of weekly social welfare by the end of the year.
■ The Fuel Allowance scheme to be extended to up to 80,000 people.
■ Businesses can claim up to €10,000 per month for energy bills.
HEALTH
■ An additional 360,000 people eligible for medical card.
■ 70,000 children aged six and seven eligible for free doctors’ visits.
■ €10million for IVF fertility treatment; extension of free contraception for women aged 16-30
EDUCATION
■ €860million for building schools and other capital projects.
■ An extra 686 teachers.
■ Free school books for primary pupils.
TAX
■ The personal tax credit will increase by €75 from €1,700 to €1,775.
■ The top tax rate of 40% will apply only to those earning above €40,000 a year.
■ These tax changes are set to save single people around €800 a year and couples €1,600.
PENSIONS
■ A double payment of the €253-a-week State pension will be paid twice in the coming months.
■ Pensioners to get an €1,100 once-off payment before the end of the year.
■ Living Alone Allowance recipients will receive an extra €200 payment.
HOUSING
■ An annual tax credit for renters worth €500 a year, backdated for 2022.
■ A vacant homes tax for homes occupied for less than 30 days a year.
ALCOHOL AND CIGARETTES
■ Cigarettes will cost an extra 50c from midnight last night – now at €15.50 for pack of 20.
■ No alcohol price increase.
AGRICULTURE
■ A new €28m suckler scheme (not affecting the EU’s €150-per-cow Suckler Carbon Efficiency Scheme).
■ €1,000 to save hay and fodder in 2023.
■ 30,000 places in an anti-global warming Agri-climate Rural Environmental Scheme.
■ Capital funding to support the Irish biomethane industry, which harvests gas from dead animals, plants, manure, sewage, organic waste etc.