No cost-of-living measures or energy credits in next Budget

No cost-of-living measures or energy credits in next Budget
Taoiseach Micheál Martin has indicated that there are no plans to extend energy credits or introduce a new cost-of-living package in the upcoming Budget.

Last October, energy credits were included in the Budget as part of the Government’s response to inflation and the rising cost of living. The initiative provided all domestic electricity customers with a €250 reduction on their bills, delivered in two instalments. Similar measures had been implemented in previous budgets.

However, Mr. Martin has ruled out continuing this measure, stating that another cost-of-living package will not be included in the next Budget.

Previous budgets also featured one-off additional payments for recipients of various allowances, including Child Benefit, Disability Allowance, and Fuel Allowance, as well as tax measures such as the renters’ tax credit. Mr. Martin did not clarify whether these measures would be impacted.

He told RTÉ radio yesterday: “We’re not going to have a cost-of-living package this year, that’s the Government view.

“We will endeavour through the budget, through the various mechanisms we have from social protection to tax, to help people.”

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