On 27 September 2022 the Minister of Finance, Paschal Donohoe, and the Minister of Public Expenditure and Reform, Michael McGrath, delivered Budget 2023.
This budget has been described by some as a give away budget with a raft of measures to combat extraordinarily high price rises and a cost of living crisis. The overall budget package is over €11bn in tax reforms and one off measures.
The focus appears to be on helping individuals with the cost of living crisis by reducing personal taxes, helping with the cost of energy bills, freeing up housing stock to rent and help towards rental costs.
Businesses are being helped with the cost of energy bills and extending various measures designed to help businesses recover from the pandemic.
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