Top rate will have gone from €35,300 to €44,000 in 5 years
USC changes (probably) from 2019 to now
– First €12,012 0.5% – no change
– Next €7,862 2% – now €13,748 2%
– Next €50,170 4.5% – now €44,284 3%
– Balance8% – no change
Will probably see additional credit increases
Sudden_Plankton_3466 on
They need to lower the bottom rate
ThatGuy98_ on
The big question is, will they accept the low pay commission recommendation? The government has never rejected a recommendation it so far.
Wait and see I guess!
Cautious-Hovercraft7 on
Electioneering
TomRuse1997 on
Great stuff
g0dr1c_ on
What happened to the extra tier they were speaking last year?
FeistyPromise6576 on
Works out at 400 net bonus per year for those on 44k or over or 7.69€ per week. Not exactly a huge bonus and probably less than the welfare increases
WellWellWell2021 on
That’s pathetic actually. My vote was depending on me getting money back into my pocket. This isn’t it.
Toffeeman_1878 on
Keeping their promise they made in the programme for government. What an absolute shower of cynical bastards these politicians are.
AfroF0x on
Anything to do with the SF announcement? Timing is a bit sus.
Tactical_Laser_Bream on
I love how you can be a ‘top earner’ in this country but still be unable to afford some ex-council shithole to live in.
External-Chemical-71 on
There’s your €20 a week distraction. Now go away like good lads and lasses and vote for us again and we’ll give you another score next year.
Dennisthefirst on
Less than 5% over how many years? And the inflation rate over the same period?
This is actually a tax increase.
Storyboys on
Wasn’t Harris in the papers last week saying nobody under the average wage should be paying the higher rate of tax?
I believe the average wage is around 48,000 currently, this would only move the tax band to 44,000.
Sorry we’ve done nothing about the housing sector, and sorry that the healthcare system has completely collapsed. Would an extra €100 a month from your own pay sweeten the deal?
Welcome to Fine Gael Ireland.
Background_Item8321 on
Weren’t they supposed to get rid of USC? Disgraceful to add on top of the crazy levels of tax
Byrnzillionaire on
Let’s just go mental with the 24bn and do a no tax 2025.
Sure we could and should invest In infrastructure and build housing but we all know it won’t happen so let’s just have a blinder of a year and leave it at that.
flemishbiker88 on
Assume that means a jointly assessed couple’s first 88,000 will be taxed at 20%
NotAGynocologistBut on
Get rid of the 20% band and move it to where the 40% is.
18 Comments
Congrats lads, well earned.
Top rate will have gone from €35,300 to €44,000 in 5 years
USC changes (probably) from 2019 to now
– First €12,012 0.5% – no change
– Next €7,862 2% – now €13,748 2%
– Next €50,170 4.5% – now €44,284 3%
– Balance8% – no change
Will probably see additional credit increases
They need to lower the bottom rate
The big question is, will they accept the low pay commission recommendation? The government has never rejected a recommendation it so far.
Wait and see I guess!
Electioneering
Great stuff
What happened to the extra tier they were speaking last year?
Works out at 400 net bonus per year for those on 44k or over or 7.69€ per week. Not exactly a huge bonus and probably less than the welfare increases
That’s pathetic actually. My vote was depending on me getting money back into my pocket. This isn’t it.
Keeping their promise they made in the programme for government. What an absolute shower of cynical bastards these politicians are.
Anything to do with the SF announcement? Timing is a bit sus.
I love how you can be a ‘top earner’ in this country but still be unable to afford some ex-council shithole to live in.
There’s your €20 a week distraction. Now go away like good lads and lasses and vote for us again and we’ll give you another score next year.
Less than 5% over how many years? And the inflation rate over the same period?
This is actually a tax increase.
Wasn’t Harris in the papers last week saying nobody under the average wage should be paying the higher rate of tax?
I believe the average wage is around 48,000 currently, this would only move the tax band to 44,000.
Sorry we’ve done nothing about the housing sector, and sorry that the healthcare system has completely collapsed. Would an extra €100 a month from your own pay sweeten the deal?
Welcome to Fine Gael Ireland.
Weren’t they supposed to get rid of USC? Disgraceful to add on top of the crazy levels of tax
Let’s just go mental with the 24bn and do a no tax 2025.
Sure we could and should invest In infrastructure and build housing but we all know it won’t happen so let’s just have a blinder of a year and leave it at that.
Assume that means a jointly assessed couple’s first 88,000 will be taxed at 20%
Get rid of the 20% band and move it to where the 40% is.