Budget to be brought forward as Finance Minister denies early election claims

Budget 2025 will be delivered on October 1st, one week earlier than planned; however, finance Minister Jack Chambers is insisting the change is not a sign of an early election.“Corporation tax of €12 billion, up 15% and VAT at €11 billion, up 6%.

“I expect this year we’ll have €10 billion put aside to provide for that medium term risk which is within our economy,” he said. “We know the volatility and unpredictability of corporation tax and that’s why the budget for 2025 will require Ministers to prioritise. Minister Chambers pledged his approach to the public finances will be “responsible” and said he also hoped to make “further progress of housing”.

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