By alexandreFinance

Double rent relief to €1,000 and pay child benefit up to 19 years among Fianna Fáil TDs demands at special Budget meeting

Double Rent Relief and Increased Child Benefit Demands at Special Budget Meeting

At a special Budget meeting held by Fianna Fáil TDs, several demands were made regarding rent relief and child benefit. The proposals included doubling the rent relief to €1,000 and extending the age limit for child benefit up to 19 years. The meeting aimed to address the growing concerns of families struggling with housing costs and to provide additional support for parents with older children.

Doubling Rent Relief

One of the key demands put forward by Fianna Fáil TDs was doubling the rent relief to €1,000. This move aims to alleviate the financial burden faced by many families and individuals struggling to pay their housing costs. Increasing the rent relief would provide much-needed support and help create a more affordable housing market.

The current rent relief scheme provides tax relief on qualifying rental payments for individuals and couples paying private rented accommodation. By doubling the rent relief amount, more households would be eligible for this assistance, ultimately reducing the strain on their finances.

In addition to increasing the amount, there were also discussions on expanding the eligibility criteria for rent relief. This could potentially benefit a wider range of individuals who are currently excluded from the scheme due to their income or other factors.

Expanding Child Benefit

Another significant demand made by Fianna Fáil TDs was to extend the age limit for child benefit up to 19 years. Currently, child benefit is paid until the child reaches the age of 18. However, there is a growing recognition that young adults may still rely on the financial support provided by their parents beyond this age.

The proposed extension would aim to acknowledge the increasing costs associated with raising children, including education and living expenses. By extending child benefit until the age of 19, families would have additional financial assistance during a crucial period of transition for their children.

Moreover, the move to extend the age limit for child benefit would also help address the financial challenges faced by parents who have children with disabilities or special needs. These individuals often require additional support into early adulthood, and an extension of child benefit would provide them with continued assistance.

Other Proposals

In addition to the demands regarding rent relief and child benefit, the Fianna Fáil TDs also discussed other measures to address the housing crisis and support families. These proposals included:

• Increasing funding for social housing to provide more affordable options for those in need.
• Implementing stricter regulations on rent increases to protect tenants from excessive hikes.
• Introducing measures to support first-time buyers, particularly young couples and families trying to enter the property market.

These additional proposals reflect the party’s commitment to finding comprehensive solutions to the housing crisis and ensuring that families and individuals are adequately supported.

The special Budget meeting held by Fianna Fáil TDs highlighted the urgent need for increased support for families and individuals struggling with housing costs. The demands made regarding rent relief and child benefit reflect the party’s commitment to addressing these challenges and providing much-needed assistance.

By doubling the rent relief to €1,000 and extending the age limit for child benefit up to 19 years, Fianna Fáil aims to alleviate the financial burden faced by many households and create a more affordable housing market. These proposals, along with other measures discussed, demonstrate the party’s dedication to finding comprehensive solutions to the housing crisis and ensuring the well-being of families across Ireland.