A new 30% tax rate in Ireland could form a major part of next month's Budget - with Leo Varadkar all but confirming it's introduction yesterday.
READ MORE: Some taxpayers could save €1,000 per year under proposed new tax band for middle income earners If the 30% bracket was introduced for people earning between €36,800 and €46,800, they would save €1,000 per year. Should it be introduced, the middle-income rate of 30% would help over one million taxpayers amid the cost of living crisis.
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Tax breaks for landlords a 'good idea', but renters should get concessions too, says VaradkarLeo Varadkar: 'I do think that if there are any significant income tax or tax concessions for landlords in the budget, well there should be for renters as well Actually, 30% tax bracket would address a lot of it since landlords are cash flow negative (a mortgage) when slapped with 50% effective tax…. Abolishing “temporary USC” also helps… what landlords, they are nearly all gone ffs. Concessions for landlords when my rent has doubled compared to when I first moved to Limerick city. Its untenable and we need to get these fuckers out asap
Source: thejournal_ie - 🏆 32. / 50 Read more »
Budget will contain 'substantial income tax reductions', says VaradkarA third rate to target middle-income workers is one option outlined in the Tax Strategy Group papers. LeoVaradkar should be getting rid of the 'temporary' USC that was brought in The devil is in the detail Wont make the slightest difference, in 2025, they are gone.
Source: thejournal_ie - 🏆 32. / 50 Read more »
From fees to tax relief: Ways to save money on the cost of going to collegeIreland is one of the most expensive places in Europe to go to attend third-level education but there are ways to minimise the costs Window dressing More gaslighting Give me a break. I have American friends doing PHDs in Ireland, carrying debts of $250k to $300k. They laugh at what Irish students complain about. Then again, they will ride the crest of capitalism and do way better than most of their Irish colleagues in the end...
Source: IrishTimes - 🏆 3. / 98 Read more »
Olivia Newton-John has died at the age of 73, family confirms | Her.ieOlivia Newton-John has sadly passed away at the age of 73. Her husband confirmed the heartbreaking news in a statement tonight.
Source: Herdotie - 🏆 15. / 63 Read more »
'Difficult' to speed up Budget tax changes - DonohoeThe Department of Finance has released its Tax Strategy Group papers in advance of next month's Budget. The papers outline the options facing the Minister for Finance, including an analysis of a 30% tax rate for middle income earners | Read more: Polls will ensure plenty of leeway for tax cuts. HowIrelandWorks Scrape the USC it would by like a 10 % rise to everyone NEW TAXES ON THE WAY... LMAO
Source: rtenews - 🏆 1. / 99 Read more »
Creation of 30% tax rate would be a ‘significant’ structural change, Donohoe saysMinister for Finance does not see Irish economy sliding into recession this year but says grave risks lie ahead in 2023
Source: IrishTimes - 🏆 3. / 98 Read more »