Tax on vapes expected to be confirmed on Budget Day, as talks continue into weekend

Minister Chambers indicated that the vape tax, initially proposed by former Finance Minister Michael McGrath, is aimed at improving public health, with ongoing collaboration between his department and revenue commissioners for a retail-level implementation.

In discussing the upcoming budget, Chambers emphasized that the cost of living package would not match last year’s scale, reflecting the current inflation rate of just over 1% and the high prices still impacting the economy.

Minister Chambers shared insights on the reduced public transport fares, originally introduced during the pandemic and expected to transition into a permanent core spending measure in Budget 2025.

The €250 energy credit announced in the budget discussions aims to assist households amidst ongoing cost pressures, amidst the backdrop of the broader challenges presented by inflation.

Read at Irish Independent