The Government (what is left of it ) is planning to bring amendments to the Finance Bill relating to the universal social charge. There was previously an exemption from paying the Health Levy and Income Levy for Medical Card holders. The new USC was introduced in Jan 2011 without any exemption for Medical Card holders […]
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Budget 2011
Minimum Wage to be Cut
As announced as part of the Four Year National Recovery Plan – the national minimum wage is going to be cut from €8.65 an hour to €7.65 an hour. This is a 12% drop. The new rates come into effect on February 1st 2011 One of the reasons given for this cut is to help […]
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Cold Weather Fuel Payments 2010
As announced in the December 7th 2010 Budget – people who are getting the winter fuel allowance payments will also get an extra one off “cold weather”payment of €40 this year. People do not need to apply for the payment of €40. It will be automatically paid to all people who currently get a fuel […]
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Budget Helps The Fat Cats
The Guardian newspaper recently described Ireland’s well paid public sector workers not as fat Cats – but Morbidly Obese Cats. It was hoped that maybe some of the high earners would end up getting a bit less after Budget 2011. The changes in the Budget to PRSI and Tax as well as the new Social […]
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Stamp Duty Now Payable On All Homes
The stamp duty changes in the 2011 Budget don’t seem to have caused much reaction – or maybe some people just believe all the hype? The stamp duty changes are supposed to help the property market – according to Brian Lenihan – but it is hard to see how it will not do the opposite. […]
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