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New Year, New Changes: What's Happening in Ireland in 2024

As we pass through the roads of January, Ireland witnesses a series of updates and adjustments to various aspects of daily life. It's crucial to stay informed about these changes to ensure a smooth transition into 2024. Let's explore the noteworthy modifications that have already taken effect and those on the horizon.

Did you notice these changes from the start of 2024:

1. Statutory Sick Leave Pay:

  • The entitlement to paid sick leave has increased from 3 days to 5 days.

2. Brown Bins:

  • Waste collection companies are now required to provide a brown bin collection service for households across Ireland, excluding those on offshore islands.

3. State Pension (Contributory) Changes:

  • Claim your State Pension (Contributory) between the ages of 66 and 70.

  • Long-Term Carers Contributions are available to fill gaps in your contribution record for the State Pension (Contributory).

4. Changes to Pay-Related Social Insurance (PRSI):

  • The upper age limit for PRSI exemption has changed from 66 to 70 for employees, employers, and self-employed individuals.

5. New Fines for Tips and Gratuities Violations:

  • Businesses breaching rules related to tips and gratuities now face on-the-spot fines, varying from €500 to €1,500.

6. Microgeneration Scheme:

  • Until December 31, 2025, individuals selling excess renewable energy back to the national grid can benefit from a tax exemption of up to €400 per year.

7. Student Maintenance Grants:

  • An increase in the 2023/2024 SUSI maintenance grant rate.

  • Postgraduate students meeting income thresholds can apply for a maintenance grant, payable from January to May.

Changes Coming Soon:

1. Bottle Deposit Return Scheme (Effective February 1, 2024):

  • Refundable deposits will be charged on certain drinks containers with the Re-turn logo, encouraging recycling.

2. New Pay-Related Jobseeker's Benefit (Expected Before End of 2024):

  • The introduction of a three-tier payment system, with rates based on PRSI contributions and income.

  • A minimum weekly payment of €125 under the new system.

3. Tenant Purchase Scheme Amendments (Effective January 29, 2024):

  • Reduction of the minimum annual income to €11,000 from €12,500 for eligibility.

  • In joint tenancies, only one tenant needs to have received social housing support for a minimum of 10 years.

Stay Informed, Stay Prepared:

These changes aim to enhance various aspects of life in Ireland, from social support to environmental sustainability. It's essential for everyone to be aware of these updates and adapt accordingly. As we navigate through 2024, staying informed ensures a seamless transition and allows individuals to make the most of the evolving landscape. Keep an eye on these changes, and embrace the opportunities they bring! 🌐🇮🇪✨

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