Childcare costs to be cut by ‘at least €1,000’ in Budget

The cost of living has been a topic of conversation for a number of years now as family outgoings continue to increase and many are struggling to keep up.

According to RTE News, full-time childcare annual costs are due to be cut by at least €1,000 per child in tomorrow's Budget.

As final discussions continue today, childcare is seen as a central issue to address in Budget 2027 as many parents struggle to meet current costs.

It is understood that those with kids in childcare for 45 hours each week will see changes that result in savings of at least €1,000 each year.

Changes are expected to be made by adjusting the €96.30 weekly subsidy that is currently available as well as lowering the max €280 weekly charge that is in place.

Reports claim that the changes are set to be brought in next September and will apply to children up to Senior Infants.