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Irish Mirror
Irish Mirror
National
Gráinne Ní Aodha & Michelle Devane & Cate McCurry

Budget 2023: Windfall tax or surplus 'will fund further inflation measures if required'

Finance Minister Paschal Donohoe has said that if further measures are needed next year to help people struggling to pay surging energy bills, the country’s expected surplus or a windfall tax will be used to fund those measures.

The minister was speaking on Tuesday evening after he and Public Expenditure Minister Michael McGrath officially unveiled Budget 2023 in the Dail.

The Government’s 11 billion euro budget package comprises 6.9 billion euro in budgetary measures for next year, as well as a 4.1 billion euro package of one-off measures to help tackle the rising cost of living for individuals, families and households.

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