Child benefit 'unlikely' to be cut by €40

A cut of €40 in child benefit in the budget is considered highly unlikely, with a more graduated scheme for redistributing child benefit from high to low earners envisaged.

6th October, 2012

A cut of €40 in the monthly child benefit rate in December's budget is considered highly unlikely, with a more graduated scheme for redistributing child benefit from high to low earners envisaged, according to sources.

A gradual phasing in of a two-tier child benefit scheme, involving moderate cuts over three years, has been suggested in a report for the government by a special tax advisory group. The report has yet to go to cabinet.

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