BUDGET 2012

5th December 2011

 

Brendan Howlin the Minister for Public Expenditure and reform has announced the spending measures the Government plan to cover for 2012

 

Here are some of the measures:

Child Benefit:

  • Phase out the higher rates for third and subsequent child over two years.
  • Discontinue one off grants in respect of multiple births

Back to school Clothing and Footwear Allowance

  • Raise the qualifying age to 4
  • Reduce rates of payment to €250 secondary school and €150 Primary School

Jobseekers Benefit

  • Base payment entitlement on a five day week rather than a six day weekwhere a person is working for part of a week
  • From 2013 take employment on sunday into account when determining the level of entitlement.

Farm Assist

  • Amendments to means test

Redundancy and Insolvency Scheme

  • The rate of employer rebate has been reduced from 60% to 15%

Fuel Allowance

  • The fuel season is being reduced from 32 weeks to 26 weeks for new and existing recipients

Household benefits

  • The expenditure will be reduced on the electricity/gas allowances

Late claims

  • Reduce statutory backdating for late claims from 12 to 6 months for full entitlement and remove proportionate provision.

Drug payments scheme

  • The monthly payment has been increased from €120 to €132

One Parent Family

  • Entitlement will be restricted to cases where the youngest child is 7 years of age over the period to 2014

Rent Supplement

  • Increase minimum contribution and review rent limits

Mortgage interest supplement

  • Increase minimum contribution and further restrict expenditure