Announcement Income tax changes

Discussion in 'Budget 2019' started by Brendan Burgess, 9 Oct 2018.

  1. Brendan Burgess

    Brendan Burgess Founder

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    Last edited: 9 Oct 2018
    Third rate from 4.75% to 4.5%

    Entry point increases by €750 to 35,300

    Workers enter the higher rate at too low an income


    Incomes 48.5% will be top rate up to €70k


    €9.80 minium wage

    ceiling to €19,874 for second USC band

    Weekly threshold will be €376 to €386 for employers prsi
     
    Last edited: 9 Oct 2018
  2. Brendan Burgess

    Brendan Burgess Founder

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  3. Brendan Burgess

    Brendan Burgess Founder

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  4. thos

    thos Frequent Poster

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    Last edited: 9 Oct 2018
    odyssey06 likes this.
  5. Coldwarrior

    Coldwarrior Frequent Poster

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    Yet again the dole is increased by the same or more than the tax cut for the average earner. So much for helping the people who "get up early in the morning". Doesn't make sense politically either, people on jobs seeker's are still unlikely to vote FG just because of an extra fiver a week.
     
  6. Delboy

    Delboy Frequent Poster

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    Leo, Eoghan and Simon are playing the long game. They have their eyes on the prizes in Brussels and New York.
    They'll be gone off the Irish political scene within the next 10 years and will still be young men with big ambitions. And their ambitions reach a lot further than this green isle!
     
    becky likes this.
  7. Firefly

    Firefly Frequent Poster

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  8. Delboy

    Delboy Frequent Poster

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    I'd say the latter is the more accurate and even then, it's erring on the high side :p
     
  9. deadlyduck

    deadlyduck Frequent Poster

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  10. PaxmanK

    PaxmanK Frequent Poster

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    I was talking to a professional dole relative today and he asked me how much I got in the budget.
    I said about a fiver a week. He said he gets the same (he gets more actually) and that it was ridiculous how little it was.
    So I pointed out that I have to work 40 hours a week for my fiver so thats about 12.c an hour and asked how many hours a week he had to work for his fiver.
    Well you can imagine how the rest of the conversation went.
     
    RMGC11, Annie51, Delboy and 1 other person like this.
  11. TheBigShort

    TheBigShort Frequent Poster

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    I'm somewhat confused. Apparently giving €5 extra on the dole will disincentive people from taking up employment. But unless I'm mistaken, unemployment has been falling despite adding to welfare benefits.
    Is it a possibility, that in the vast, vast majority of cases, if an unemployed person gets offered a suitable opportunity to work that they will avail of it rather than stay on the dole? Despite an extra €5 a week?
    All the evidence would indicate that to be the case.
     
  12. cliqueentour

    cliqueentour Frequent Poster

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    I can't understand why the dole isn't being cut. We are nearing full employment and there's probably 100,000 people who simply refuse to work.

    I'd rather give carers, the disabled etc an increase of 20 euro a week and fund it by cutting the jobseeker.

    Social welfare is about helping those who can't help themselves. Not helping the lazy spongers on the dole who have never worked and never intend on working.

    We are spending over 1.2 billion euro on these 100,000 wasters a year.
     
    ivannomonet and Annie51 like this.