The Government has announced a budget for the coming year worth €14 billion - but what does it mean for your pocket?
This is split between expenditure measures of €5.3 billion, €1.1 billion worth of tax and a €6.4 billion core package.
There were wins for parents and families with childcare fees to be slashed by a further 25%, as well as a €12 rise in all weekly social welfare and pension payments.
The lower income tax band will rise by €2,000 to €42,000, and the Universal Social Charge (USC) will drop from 4.5% to 4%.
The 9% VAT rate for gas electricity is to be extended for another 12 months, while Child Benefit will be expanded to include 18-year-olds in full-time education.
In housing, the Help-to-Buy Scheme has been extended to the end of 2025.
You can see the full breakdown of everything announced here.
What does it all mean?
Newstalk's Budget 2024 partner Grant Thornton has crunched the numbers and come up with several fictional 'personas' to find out what it all means for the person on the street.
From a single person on the average wage to a family with two children or a single parent, we have you covered.
You can find all eight scenarios below:
Average income family
Average single wage
High income family
Other high income family
High income single wage
Squeezed middle-income family
Self-employed person
Single parent
Want to know how #Budget2024 will affect you? @JoeBLynam answers all of your Budget questions.
Find out more now, with thanks to @GrantThorntonIE. pic.twitter.com/PB4VByFDN1— NewstalkFM (@NewstalkFM) October 10, 2023
