diff --git a/.github/workflows/test_setup_python.yaml b/.github/workflows/test_setup_python.yaml
index 28a72d2..6c1edcf 100644
--- a/.github/workflows/test_setup_python.yaml
+++ b/.github/workflows/test_setup_python.yaml
@@ -143,8 +143,9 @@ jobs:
     strategy:
       matrix:
         version:
-          - "poetry==1.4.*"
-          - "poetry==1.5.*"
+          - "poetry==1.6.*"
+          - "poetry==1.7.*"
+          - "poetry==1.8.*"
           - "git+https://github.com/python-poetry/poetry.git@master"
 
     steps:
diff --git a/README.md b/README.md
index d50edcc..a003444 100644
--- a/README.md
+++ b/README.md
@@ -12,7 +12,7 @@ linked in the index below.
 > {name}_v{version}
 
 Example:
-> setup-python_v1.4.2
+> setup-python_v1.5.0
 
 
 ### Support Policy
@@ -33,7 +33,7 @@ An index of all the currently maintained scripts, their description, and the lat
 
 | Name                           | Version | Status                        | Description                                          |
 |--------------------------------|---------|-------------------------------|------------------------------------------------------|
-| [Setup Python](./setup-python) | 1.4.2   | [![tests][sp_badge]][sp_link] | Setup a [poetry][Poetry]-managed python environment. |
+| [Setup Python](./setup-python) | 1.5.0   | [![tests][sp_badge]][sp_link] | Setup a [poetry][Poetry]-managed python environment. |
 
 
 [License]: https://shields.io/github/license/HassanAbouelela/actions
diff --git a/setup-python/README.md b/setup-python/README.md
index f999dd5..6071dc7 100644
--- a/setup-python/README.md
+++ b/setup-python/README.md
@@ -8,7 +8,7 @@ It also handles caching of pre-commit if you happen to be using that.
 You can use this action as follows:
 ```yaml
 - name: Install Python Dependencies
-  uses: HassanAbouelela/actions/setup-python@setup-python_v1.4.2
+  uses: HassanAbouelela/actions/setup-python@setup-python_v1.5.0
   with:
     install_args: "--without dev"
     python_version: '3.10'
diff --git a/setup-python/action.yaml b/setup-python/action.yaml
index 672c785..dc646b4 100644
--- a/setup-python/action.yaml
+++ b/setup-python/action.yaml
@@ -60,30 +60,30 @@ runs:
 
     # Install python in our workflow
     - name: Setup python
-      uses: actions/setup-python@v4
+      uses: actions/setup-python@v5
       id: python_setup
       with:
         python-version: ${{ inputs.python_version }}
 
     # Specify directories that require caching
     - name: Python Dependency Caching
-      uses: actions/cache@v3
+      uses: actions/cache@v4
       id: python_cache
       with:
         path: |
           ~/.cache/pypoetry
           ~/.cache/pip
-        key: "python-${{ runner.os }}-v1.4.2-\
+        key: "python-${{ runner.os }}-v1.5.0-\
         ${{ steps.python_setup.outputs.python-version }}-${{ inputs.dev }}-${{ inputs.working_dir }}-${{ inputs.poetry_version }}-${{ inputs.install_args }}-\
         ${{ hashFiles(format('{0}/pyproject.toml', inputs.working_dir), format('{0}/poetry.lock', inputs.working_dir)) }}"
 
     # Cache pre-commit independently of other cache
     - name: Pre-commit Environment Caching
       if: ${{ inputs.cache_pre-commit }} == true
-      uses: actions/cache@v3
+      uses: actions/cache@v4
       with:
         path: ~/.cache/pre-commit
-        key: "precommit-${{ runner.os }}-v1.4.2-\
+        key: "precommit-${{ runner.os }}-v1.5.0-\
         ${{ steps.python_setup.outputs.python-version }}-${{ inputs.dev }}-${{ inputs.working_dir }}-${{ inputs.poetry_version }}-\
         ${{ hashFiles('./.pre-commit-config.yaml') }}"
 
diff --git a/setup-python/tests/pyproject.toml b/setup-python/tests/pyproject.toml
index 709182d..67ede13 100644
--- a/setup-python/tests/pyproject.toml
+++ b/setup-python/tests/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "project"
-version = "1.4.2"
+version = "1.5.0"
 description = "Simple project to test the setup-python action."
 authors = ["Hassan Abouelela <hassan@hassanamr.com>"]
 license = "MIT"