As usual – there have been a few leaks from the government about what is going to be in the 2015 Budget today. (They only seem to be leaking good news.) Here is a summary of what “might” be in the Budget today Tax Relief on Water Charges. Remember when you could get tax relief […]
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Universal Social Charge
Universal Social Charge Amounts for 2013
Budget 2013 introduced higher rates of USC for some people earning over €60,000 a year. The changes affect those people with medical cards and those over 70 – who were previously paying a capped rate of 4% USC – they will now pay the same top rate USC as everyone else – 7% The rates […]
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Medical Card Holders USC Rates
Updated for 2013 Budget The USC rates as introduced in the 2011 Budget were originally the same for Medical Card holders under 70 as for everyone else under 70 – but the government soon backed down and ended up treating Medical Card holders the same as over 70’s – i.e a maximum USC rate of […]
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More Tax Increase Figures for Budget 2013
The government have promised that there will be no increases in Income Tax rates or bands in Budget 2013 – but they will have to get extra revenue from somewhere else . The new Property Tax is due to come into effect from July 2013 – and the details are expected to be announced before […]
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USC Deductions for 2012
The USC – Universal Social Charge was first introduced in January 2011 – and workers were liable for USC as soon as they earned €77 a week. (4004 a year) The 2012 Budget introduced some changes so that people earning a gross income under €10036 a year are now exempt from USC. It sounds good […]
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