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Income Tax
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•
We will abolish the employee PRSI ceiling in parallel with the reduction of
the temporary income levy in order to remove the inequity whereby higher
paid employees pay proportionately less of their income for social insurance
than lower paid employees.
•
We will begin the simplification and rationalisation of the various levies into
the income tax system beginning in 2010.
•
We will introduce a single 33% rate for tax relief on private pension provision
in the context of the national pensions’ framework.