My Budget: ‘I think more could have been done for the millennials in this budget’

Clarence Soliman is a nurse in St. Vincent's hospital who feels that he and many other "millennials" will be disappointed by Budget 2018.

The 23-year-old says that he saw “no significant” changes in the budget that will help him safe money towards a mortgage.

“For me personally, the fact that the entry point for single earners increases from €33,800 to €34,500 will make some difference to people but it’s not going to let people save for a mortgage,” he said.

Mr Soliman said that he has been qualified for three years now but is still only earning over €32,700 for very long hours.

Budget 2018: Increases in housing, health and social welfare

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“I suppose it affects me slightly that the €750 is taxed at a slightly less rate but in the grand scheme of things it makes pretty little difference to me.

“There was nothing that stood out to say that I’m going to be able to save €1,000 extra this year, so yes, I am disappointed. I think more could have been done for the millennials in this budget,” he added.

The 23-year-old who has lived in Ireland for over 15 years says that he can only "hope" that budget 2019 will be a little more favourable.

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