Normally first Wednesday in December which would be the 3rd this year.
any preductions?
Joejoe
Do you mean any predictions?
I heard on the 6 O'Clock news this evening that it is very likely that income tax could go up for the first time in years.
Wouldn't be surprised if CGT on property went back up to 40%. Given the current state of the market it may not help the coffers so much but it might prevent the flood of property for sale turning into a tidal wave.any preductions?
Joejoe
my crystal ball is telling me 2%.Any indication by how much?
Joejoe
Wouldn't be surprised if CGT on property went back up to 40%. Given the current state of the market it may not help the coffers so much but it might prevent the flood of property for sale turning into a tidal wave.
Wouldn't be surprised if CGT on property went back up to 40%. Given the current state of the market it may not help the coffers so much but it might prevent the flood of property for sale turning into a tidal wave.
Thanks unions.I think you can take it as a given Income Tax will Rise!
This has been changed to make it possible to increase tax (PAYE) and make changes to the calculation formula.
I propose an increase to 51% tax to those earning over €100,000
This has been changed to make it possible to increase tax (PAYE) and make changes to the calculation formula. With the system as it stood they could not make changes except to PAYE Rates and Bands, as there was no time to implement them. Also they could not lower TC/COPs, as these are implemented on a yearly basis. Lowering them would result in back tax been taken in a lump, when they changed a couple of months into the tax year. This just left changes to PRSI, which has been done before a few months into the year.
Bravo - The Government - at last a Bit of action, for what seemed an age their inertia was starting to scare me.. at least the gravity of the situation is being dealt with head-on - I propose an increase to 51% tax to those earning over €100,000