RTE.ie·5 min read

10 changes to watch for on Budget day

D
David Murphy
10 changes to watch for on Budget day
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With Budget 2027 less than two weeks away, RTÉ's Economics and Public Affairs Editor David Murphy details what changes people can watch out for ahead of 6 October.

Energy will be the centrepiece of this Budget.

The Iran conflict resulted in a significant rise in crude oil prices, putting a financial squeeze on households and motorists.

Home heating oil cost about €900 for 1,000 litres last year but is now above €1,600.

Minister for Public Expenditure Jack Chambers said a lower rate of carbon tax on home heating oil is being considered, but warned the Government cannot entirely insulate consumers from rising global energy prices.

The Government cut the tax on diesel by 32 cent and petrol by 27 cent earlier this year.

Those reductions were due to taper off and expire over four dates beginning on 1 November.

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