What to expect in the pre-Election Budget speech

Budget 2025 is set to be announced at 1pm, in what will be the last Budget of this Government with a General Election on the horizon.

Amongst the announcements expected at 1pm are:

Increase of pension payments by €12-per-week
Two double child benefit payments
Children will be allowed to inherit up to €400,000 from a parent before tax would apply
There will be a €15 per week increase in maternity and paternity benefits
A cut to the Universal Social Charge (USC)
Tenants set to get an extra €250 in the renter’s tax credit to cover both 2024 and 2025
A reduction in third-level fees
A cost of living package
Energy credits to the value of €250
Possible increase in minimum wage
The Government is also set to outline how the Apple money will be spent.
The health budget is to increase by €3 billion over 2024

Follow everything as it happens as Minister for Finance Jack Chambers and Minister for Public Expenditure Paschal Donohoe announce Budget 2025.

12:20pm

Enterprise…

We’ve summarized this news for a quick read. If you’re interested, you can read the full article here: