Budget 2024 to put €1,000 back in average worker’s pockets

Taoiseach Leo Varadkar has said the new Budget measures will put €1000 back in the pocket of the average Irish worker.

Budget 2024, to be announced next Tuesday, will have €6.5bn worth of new measures in the package and taxation measures amounting to €1.1 billion. Billions will be spent on addressing the cost-of-living crisis, according to reports, with income tax and USC cuts and payments for electricity bills and rent.

Speaking to the Irish Independent, Leo Varadkar said he was pushing for “as generous a tax package” as possible.

He said the measures will add up to more than €1,000 for the average middle-income worker.

“One thing I want to do is reward work, and make sure that people keep money in their pockets,” he said.

Mr Varadkar said that the budget would have “a good” income tax and USC package. Farmers, parents and small businesses are also set to receive extra supports.


Budget 2024 to put €1,000 back in average worker’s pockets was last modified: October 6th, 2023 by Staff Writer