The cost of living changes introduced in Budget 2025 will bring several financial adjustments starting January 1st. Here is the full list of changes that could impact various groups in Ireland:
Table of Contents
Social Welfare and Benefit Increases
- €12 Increase in Weekly Social Welfare Payments:
- Applies to most payments, with proportionate increases for qualified adults and reduced-rate recipients.
- €15 Increase in Parental Benefits:
- Maternity Benefit, Paternity Benefit, Adoptive Benefit, and Parent’s Benefit will see a €15 weekly increase.
- Child Support Payment Increases:
- For children aged 12 and over: €8 increase, bringing the weekly amount to €62.
- For children under 12: €4 increase, bringing the weekly amount to €50.
- Newborn Baby Grant:
- A one-time payment of €280 for children born on or after December 1, 2024, along with the first month’s Child Benefit (€140).
- Domiciliary Care Allowance:
- Monthly payments will increase by €20.
- Carer’s Benefit Extension:
- Now includes self-employed individuals.
- Carer’s Allowance Qualifying for Fuel Allowance:
- Subject to meeting all Fuel Allowance scheme criteria, including the means test.
- Fuel Allowance Means Test Adjustments:
- Extended to those aged 66 and over with higher thresholds:
- €524 for single individuals.
- €1,048 for couples.
- Extended to those aged 66 and over with higher thresholds:
12 Social Welfare Changes in Ireland for 2025 You Need to Know
Major Social Welfare and Tax Changes in 2025: Cash Boost for Thousands of Households
Household and Energy Supports
- Energy Credit:
- €125 credit for all households to help with energy bills.
- Home Sale Exemption Increase:
- The exempt amount when selling a home to move into care increases to €337,500 for those on State Pension (Non-contributory), Disability Allowance, or Blind Pension.
Employment and Family Support
- Working Family Payment Thresholds:
- Weekly income thresholds will increase by €60 across all family sizes.
Toll and Tax Adjustments
- Details about toll increases or additional tax-related adjustments were hinted but not explicitly listed in this summary.
These measures aim to ease financial pressures on families and individuals while ensuring more inclusive social welfare schemes. If you’d like details on a specific change or group, let me know!
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