Budget 2024 Ireland

Budget 2024 Ireland: Government announces major spending and tax changes

Budget 2024 Ireland: What you need to know

Budget 2024 Ireland was announced on Tuesday, September 26th, 2023. The budget includes a number of major spending and tax changes, including:

• A €1.2 billion increase in health spending
• A €1 billion increase in education spending
• A €500 million increase in housing spending
• A reduction in the Universal Social Charge (USC) from 2.5% to 2%
• An increase in the income tax personal tax credit from €1,700 to €1,800

Budget 2024 Ireland: Winners and losers

The winners of Budget 2024 Ireland include:

• Low- and middle-income earners
• Families with children
• People with disabilities
• The health sector
• The education sector

The losers of Budget 2024 Ireland include:

• High-income earners
• Businesses
• The environment

Budget 2024 Ireland: Reaction

The reaction to Budget 2024 Ireland has been mixed. Some commentators have welcomed the increased spending on public services, while others have criticized the tax cuts for high-income earners. The Irish Fiscal Advisory Council has warned that the budget deficit is still too high and that the government needs to do more to reduce spending.

The full details of Budget 2024 Ireland can be found on the website of the Department of Finance.