In this blog post, we will be breaking down the results for this year’s Budget, The Budget 2023. We will look at the carbon tax inclusion and the social welfare increase that are designed to help to boost the incomes of low-paid workers.
Budget 2023
Budget 2023 has been announced and there are a lot of changes that will be happening over the next few years. This blog post will explore what the budget means for the Irish people. There are a lot of big changes, including new taxes and increased spending on certain areas. We will look at how this will impact different parts of society and what people can expect in the coming years.
The government has announced a number of changes that will be taking place in Budget 2023. One of the most significant changes is an increase in spending on health and education. This is welcome news for many people, as these are two areas that have been underfunded for years.
Carbon Tax
The first change that we want to highlight is the new carbon tax. This is a tax on fossil fuels, which will increase the price of petrol, diesel and coal. The government says that this will help to reduce emissions and combat climate change. The money raised from the tax will be used to fund green initiatives and support low-income households.
This tax will have a big impact on how people live their lives and how they travel. It is likely that there will be an increase in the use of public transport, as well as cycling and walking. This is good news for the environment, but it will also cause inconvenience for some people.
Social Welfare Increase
Another change that has been announced is an increase in the amount of money that will be available for social welfare payments. This is welcome news for many people who are struggling to make ends meet. The government has also said that it will be increasing the minimum wage.
This will help to boost the incomes of low-paid workers.
All of these changes will have an impact on society and the economy. It is important to stay up to date with the latest news so that you can make informed decisions about your finances and your lifestyle.
Read our Budget 2023 – What To Expect Blog
For all the other changes please read our Budget 2023 guide blog