Aontu proposes USC cuts and tax credit increases in alternative budget

The Aontu party has proposed ending the universal social charge on the first 25,000 euros of income as part of its alternative budget proposals, The Journal reported. The party also suggested reducing the VAT rate on electricity and cutting VAT on new home construction from 13.5 percent to 9 percent. [1]

According to The Journal, Aontu leader Peadar Toibin said the party is focusing on families, fuel, and food to help relieve the cost of living crisis. He noted that many hardworking families on decent wages are struggling to make ends meet under current financial conditions. [1]

The party proposed increasing the home carer tax credit to 4,000 euros to support parents who mind their children at home. The Journal reported that these measures aim to lower overall building costs and reduce daily household expenses for workers across Ireland. [1]