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EY members share thoughts on coming budget day

The Taoiseach has ruled out the idea of introducing food stamps to support people in the budget.

Micheál Martin says there will be a more generic package to put money back in peoples' pockets.

Tax Director with EY, Gillian Moore believes the government are entering into Tuesday's budget in a positive financial position.

"It's very welcome that they have this glut of finances," she said.

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Gillian told Déise Today that this is clear to see when comparing tax figures.

However, a huge degree of uncertainty surrounds what measures will be announced.

David McNamara is an Economic Advisory Services Director with EY and he says people shouldn't hang on the forecasts of economists over the coming days.

"Economists like to make forecasts for the future and at the best of times they're quite uncertain, at the present time they're incredibly uncertain,"

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The Tánaiste says pay increases, energy credits and help for renters are among the main measures that will be included in the Budget.

Gillian believes the key to this year's budget is for the government to provide significant measures that address the cost of living.

She is also predicting that we will see a widening of the tax bands.

EY provides consulting, assurance, tax and transaction services that help solve their client's toughest challenges.

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