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Budget 2023 has been announced, so what’s in it for you?

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At lunchtime today (Tuesday) Budget 2023 was announced which includes an €11 billion package in what's been described as a 'Cost of Living Budget'.

Minister for Finance Paschal Donohoe and Minister for Public Expenditure Michael McGrath announced a series of measures which they say will be "focused on helping individuals, families and businesses to deal with rising prices".

It included a further €300 million in public service support measures funded from the Contingency Reserve Fund.

"We were emerging from the worst of the COVID-19 pandemic. We now face a further economic challenge," Minister Donoghue said.

"The government understands, and I understand, the worries which small business owners, farmers, pensioners, those who work really hard to get by, will feel. This is why the government will help, and by helping our country will overcome this challenge."

THE BUDGET AT A GLANCE

Personal Tax Credit, Employee Credit and Earned Income Credit set to increase by €75

Standard rate band for Income Tax is to increase by €3,200 to €40,000

Increase in the second USC rate band (2 percent rate) from €21,295 to €22,920 in line with the 80 cent per hour increase in the national minimum wage recently agreed by this government

€200 electricity credits for homes over the next three billing cycles - November, January and March - (€600 in total)

Petrol/Diesel: The reduction on excise duty on fuel previously announced earlier this year to ease the cost of petrol and diesel has been further extended until February 28, 2023. Motorists will continue to pay 21 cent per litre in respect of petrol, 16 cent per litre in respect of diesel and 5.4 cent per litre in respect of Marked Gas Oil.

A €1.2 billion package of supports for businesses hit by soaring energy costs

New Temporary Business Energy Support Scheme (TBESS) has been set up to assist businesses with their energy costs. A monthly cap of €10,000 per trade will apply and an overall cap will apply on the total amount which a business can claim.

Excise on pack of 20 cigarettes to increase by 50 cent

Lump sum payment of €400 for Fuel Allowance recipients will be paid before Christmas

Extra lump sum for the elderly, carers, and disabled as social welfare rates go up €12

VAT: 9 percent VAT rate which is currently in place to support the tourism and hospitality sectors to remain in place until February 28, 2023

Double Child Benefit payment for all eligible parents on November 1

Christmas bonus to be paid in December, with a separate double payment in November

New rent tax credit worth €500 for 2023. This can also be claimed for 2022. This applies to those who do not get any other housing supports. Approximately 400,000 persons are expected to benefit.

Rural Ireland will get a €390 million investment for development

Newspaper: VAT on newspapers to be reduced from 9 percent to zero from January 1, 2023.

1,000 new Garda and 430 Garda staff will be provided

20% fare reduction on public transport will be extended to the end of 2023

Social Welfare

Weekly social welfare rates will be increased by €12 for working age recipients

€12 increase in weekly payments for pensioners

Working Family Payment threshold will increase by €40

€2 increase in the weekly rate for a Qualified Child

An increase in eligibility for Fuel Allowance

€500 lump sum for families availing of the Working Family Payment, a €500 lump sum for carers, a €500 cost of disability payment and a €20 increase in the domiciliary care allowance for sick children

Health

All inpatient hospital charges will be abolished, GP visit cards will be provided to those on or below the median income (340,000 additional people)

There will be a €2 increase in the weekly rate for a Qualified Child.

Drug Payment Scheme threshold will remain at the lower rate of €80 in 2023

Funding will be provided for IVF treatments

Free contraception will be available for all women aged between 16 and 30

Childcare and education

Free School Book Scheme for primary school pupils from autumn 2023

Over 660 additional mainstream teachers, over 1,190 SNAs and 680 special education teachers will be provided

The National Childcare Scheme hourly subsidy is to increase from 50c to €1.40

A €500 increase in post-graduate contribution grant for eligible families

Over 4,800 additional places on craft and consortia-led apprenticeships and 4,000 places on craft apprenticeship programmes will be supported

Housing

Funding will be made available to support 8,800 new HAP tenancies and 800 RAS tenancies

9,100 new-build social homes, 5,500 new affordable homes for sale and rent and 6,500 new social homes will be supported

Funding to deliver 37,000 home energy upgrades

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Retiring Garda Sergeant began career in Killarney

Antoinette Cunningham who retired last week from An Garda Síochána and the Association of Garda Sergeant’s and Inspector’s as their General Secretary started her career 33 years ago in Killarney. […]

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Antoinette Cunningham who retired last week from An Garda Síochána and the Association of Garda Sergeant’s and Inspector’s as their General Secretary started her career 33 years ago in Killarney.

Sergeant In charge at Killarney Garda Station Dermot O’Connell paid tribute to her achievements and her unrelenting commitment to improving the policing environment.

As a former Chairman, Secretary and delegate of the Kerry Branch, Sergeant Dermot O’Connell worked closely with Antoinette in AGSI for many years.

“Her support for members of the Association was second to none. Antoinette always pursued what was right and just. Her ability, knowledge and professionalism was acknowledged both internally and externally by other representative bodies and also professional bodies,” he said.

“When Antoinette arrived here at her first station, the late Jack McGrath was the Sergeant In Charge.”
“As many know Sergeant Jack McGrath frequently walked the beat. During this time Jack shared much of his experience with Antoinette who proved her ability as a competent Garda to Sergeant Jack McGrath. “
“Jack was very impressed by her ability even at that early stage, he always spoke highly of Antoinette and followed her career path with great interest.”

Antoinette subsequently transferred to Limerick (Roxboro Road and Mayorstone Garda Stations). As a Sergeant she moved to the Garda College and completed a Master’s Degree in Adult Learning and a BA in Training and Education.
In 2021 Antoinette was honoured by University Galway with an Alumni Award for her significant contribution in the field of policing.

She became the first female member to serve with the Association of Sergeants and Inspectors at Branch level, National Executive level, President, Deputy General Secretary and finally General Secretary.

“On behalf of the Kerry Branch of AGSI I wish Antoinette the very best in whatever the future holds for her and her family,” added Sergeant O’Connell.

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‘The Bumblebee1000’ Supercar event arriving in Killarney on Saturday

The ‘Bumblebee1000’ supercar run will arrive in Killarney around 5pm on Saturday. Around 40 supercars will leave Barberstown Castle in County Kildare on Saturday morning.After stops at Portlaoise Plaza (11am) […]

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The ‘Bumblebee1000’ supercar run will arrive in Killarney around 5pm on Saturday.

Around 40 supercars will leave Barberstown Castle in County Kildare on Saturday morning.
After stops at Portlaoise Plaza (11am) and Cashel Palace Hotel (1pm) the convoy will arrive the Europe Hotel and Resort at 5pm.
“’The Bumblebee1000’ is not just about horsepower and adrenaline rushes; it’s about making a difference. As participants roar through the countryside, they’ll also be driving towards a noble cause. This event is dedicated to raising awareness and funds for The Little Blues Heroes charity, supporting the children of the Little Blue Heroes, and making a positive impact on their lives,” said an event spokesperson.
“The Bumblebee1000” is not just a journey; it’s an experience that blends luxury, adventure, and philanthropy in a seamless fusion. Whether behind the wheel of a sleek supercar or a supporter cheering from the sidelines, everyone is invited to be part of this remarkable event.
The cars will depart the Europe Hotel and Resort at 10am on Sunday and will stop off at a charity cars and coffee event in Tarbert at 11am before finishing in Adare at around 2pm.

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