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Irish Mirror
Irish Mirror
National
David Kent

What time is Budget 2023 and what actually happens? All you need to know

The cost of living crisis is the main focus point for the Government - as Budget 2023 is to be delivered on Tuesday.

Skyrocketing energy bills, petrol and diesel hikes and price rises in supermarkets have seen thousands of Irish people having to make tough calls to cut costs ahead of a difficult winter period.

They will be hoping to get a bit of help on Tuesday afternoon when the Minister for Finance gets to his feet in the Dáil to deliver Budget 2023 to his colleagues and the general public.

READ NEXT: Follow live updates as the Budget is announced

A number of TDs have weighed in with their thoughts - from rent freezes to aid for businesses - but only a select few know exactly what will be offered on Tuesday.

What we do know is how exactly things will play out.

Here's a quick guide.

What time will Budget 2023 be at?

Budget 2023 will be presented to Dáil Éireann on Tuesday, 27 September 2022.

We should see Paschal Donohoe start his speech at around about 1pm.

What will happen in the Dáil?

The Minister for Finance, Paschal Donohoe, will present his speech at 1pm approx.

The Minister for Public Expenditure and Reform, Michael McGrath, will present his speech at 1.45pm approx.

Is Budget 2023 on TV?

Yes, RTÉ One will be providing live coverage from 12.40pm until shortly before 6pm.

Virgin Media News will also bring it to you live with a Budget News Special from 12.30pm.

Minister for Finance Paschal Donohoe (right) and Minister for Public Expenditure and Reform Michael McGrath arriving at Government Buildings, Dublin, to unveil the Government's Budget for 2022 (Damien Eagers/PA Wire)

You'll also find live updates via our handy live blog here.

What will be in Budget 2023?

The Budget will see close to €7billion in extra spending next year, while a separate cost of living package worth almost €3billion will also be announced.

Social welfare is likely to be one of the biggest winners in the tense Budget negotiations. It’s understood there will be double welfare payments as part of the cost of living package, on top of a double payment again at Christmas.

Workers are also set to see more money in their pockets through an adjustment in tax bands which could be worth hundreds of euro extra a year depending on how much they earn.

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