Tax and benefits ‘cliff edges’ may be disincentivising work, ESRI study indicates

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Research says there are sharp cut offs and drops in disposable income above certain points when it comes to PRSI and USC via IrishTimesBiz

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The study also identified disincentivising cut-offs for part-time workers in receipt of jobseeker’s benefit depending on how bunched together their weekly hours were. The ESRI said cliff edges tended to occur when benefit entitlements and other supports are withdrawn sharply (or entirely) as income rises or where tax and social insurance liabilities increase steeply as income rises.

The institute said the issue of work incentives was of particular importance currently, “with Ireland’s labour market characterised by low unemployment numbers and relatively high vacancy levels”.

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