Who pays more income tax, workers in the North or the Republic?

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

Who pays more income tax, workers in the North or the Republic? via IrishTimesBiz

insist reducing the tax burden for workers remains a core objective of the Government. Events -Brexit, Covid-19, higher inflation - keep getting in the way of course. Either way, the low entry point appears to confer an advantage on workers North of the Border. Hence the conclusion that Norhern Ireland workers - in tax terms at least - are better off.

The bottom 10 per cent of workers in the North, those on gross salaries of €387.40 a week, pay €43.80 in tax, a combination of €20.80 in income tax and €23 in social insurance. In the Republic, they would pay €27.70, comprising €14 in income tax, €4.30 in USC and €9.40 in social insurance. “From an employee perspective, the overall differences between the Irish and British tax codes are not great,” Tomlinson says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Potential for strike action where employers fail to recognise impact of inflation – ICTUICTU president tells conference CEO pay deals put claims by workers in ‘perspective’
Source: IrishTimes - 🏆 3. / 98 Read more »

Overarching deal covering wages, housing and childcare is proposed in industrial talksSuch an agreement could trade pay restraint from unions for tax cuts and better services
Source: IrishTimes - 🏆 3. / 98 Read more »

Deal covering wages, housing and childcare proposed in industrial talksSuch an agreement could trade pay restraint from unions for tax cuts and better services
Source: IrishTimes - 🏆 3. / 98 Read more »

Pay agreement covering housing and childcare proposed in industrial talksSuch an agreement could trade pay restraint from unions for tax cuts and better services
Source: IrishTimes - 🏆 3. / 98 Read more »

Trump pays $110,000 for obstructing tax investigationFormer US President Donald Trump has paid a $110,000 (€104,000) fine for obstructing a major tax evasion investigation led since 2019 by New York state authorities, a spokesperson announced. Trump was held in contempt April 25 after failing to comply with a subpoena requiring he turn over documents to investigators conducting a sprawling civil financial fraud probe for New York Attorney General Letitia James. Has anyone heard anything about Hilary Clinton in the last couple of days? Anyone? Where's this headline....you kill a gnat and let and allow a camel?
Source: rtenews - 🏆 1. / 99 Read more »