Gradual Excise Restoration to Prevent «Cliff Edge» Impact

The Irish government is implementing a gradual restoration of excise duties, a measure designed to prevent a sudden and significant increase in costs for consumers and businesses. This phased approach aims to mitigate the potential negative economic impact often associated with abrupt changes in taxation.

By avoiding an immediate full reinstatement of excise duties, the government seeks to provide a more stable economic environment, allowing sectors to adjust over time. This strategy is intended to prevent a «cliff edge» scenario, where a sharp rise in prices could disrupt markets and consumer spending.