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Coalition party leaders discuss final Budget details

By October 9, 2023No Comments

The Coalition party leaders met until the early hours of this morning to finalise most of the details of tomorrow’s Budget.

Some items remain outstanding, however, and there may be further meetings today

Ahead of the meeting, Taoiseach Leo Varadkar said the issues that still needed agreement included tax measures, supports for small businesses and the health and social welfare budgets.

Tánaiste Micheál Martin said the fundamental focus was on protecting people from the impact of the cost of living increases.

However, the cost of living package is expected to be smaller than last year’s €4 billion in once off measures.

Social welfare increases to core payments could be above the €12 previously flagged.

There will also be mortgage interest relief delivered through the tax system.

Some of the corporation tax receipts will be funnelled into two new funds.

One will focus on infrastructure while the other will provide for pensions and other future liabilities.

Article Source: Coalition party leaders discuss final Budget details – Sandra Hurley – RTE

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