Budget 2025: Pension hike of at least 20 a week on cards in pre-election giveaway with suite of tax measures examined
Briefly

The discussion around budget priorities highlighted the Coalition's focus on crucial financial supports, including a potential €20 rise in pensions ahead of the general elections, emphasizing economic security for the elderly.
Minister Heather Humphreys emphasized reducing the fuel allowance age to over 66, stating, 'We don't want old people in their home afraid to turn on the heating,' showcasing a commitment to addressing the needs of the elderly.
Considering initiatives like a €560 'baby boost' payment for new parents, Humphreys described it as a 'good idea', showing intention to support families while weighing these measures within budget constraints.
The proposal to increase thresholds for inheritance tax reflects ongoing negotiations within the Coalition, with Fine Gael advocating for changes long resisted by Fianna Fáil, indicating shifting political dynamics.
Read at Irish Independent
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