Higher rates of dole payments for those who lose their job suddenly could be included in the budget, according to reports.
The new rates of pay are being discussed in Government as a means of preventing people suffering a sudden loss of income after losing their job. It follows the Pandemic Unemployment Payment, which saw those who lost their jobs receive payments of €350 which far exceeded the standard dole payment of €208.
There is also a longer-term plan to get early retirees and former carers to take up part-time work being considered, the Irish Independent reports. The new rates of dole payments would be based off how much an individual was being paid and how long they have been claiming unemployment benefit.
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The new dole system would be based off the PUP model which ran during the height of Covid-19 restrictions which forced many into unemployment. At one stage, there were five different PUP rates which ranged from €350 to €150.
Across Europe, different rates of unemployment benefit are common practice. The higher rates are usually seen as a way of making sure newly unemployed workers can adjust to a new lower income.
It previously emerged that over half of Irish workers are missing out by not claiming the tax credits that they are entitled to every year. You can claim tax credits or reliefs to reduce the amount of tax you have to pay.
However, many people are missing out on big tax savings every year. Experts at Taxback.com said the average Irish tax refund is €1,880.
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