Farmers are glad that fuel excise levies have been delayed

The pause on increases in Vat and levies on fuel and power is a relief, but farmers will be studying fine details in Budget 2024 including capital gains tax relief and stamp duty

A shopper pauses to watch Finance Minister Michael McGrath announce the details of Budget 2024 on TVs in Arnotts department store in Dublin. Picture: Sasko Lazarov/Rolling News 

This year's budget, presented by Finance Minister Michael McGrath, has sought to please everyone by dividing the spoils across income and age demographics, across those who are employed and those in receipt of social welfare, those who rent and those who are under pressure with mortgage interest hikes. 

In delivering his speech, Mr McGrath acknowledged that inflation had caused difficulties for households and noted most recent data showing inflation easing to 5% in September. He further commented that he expected this trend will continue in the coming months improving real household incomes and purchasing power.