There was no increase to alcohol duty in the 2015 budget – but the previous two budgets (2013 and 2014) saw a total combined increase in duty of 20c on a Pint or a measure of Spirits and €1.50 on 75cl bottle of wine. People tend to refer to alcohol price increases as one the […]
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Budget 2013
PRSI on Savings Accounts in 2014
In Budget 2013 it was announced that some people would have to pay 4% PRSI on the interest earned on deposit accounts from January 2014. At the time it wasn’t clear exactly who this affected or how the PRSI would be deducted. See PRSI Changes in Budget 2013 Now – over a year later , […]
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Child Benefit for 4th Child to be cut in January 2014
Budget 2014 (back in October 2013) did not make any more cuts to Child Benefit – but we need to remember that there is still a cut on the way for some families in January 2014 . In Budget 2013 (back in Dec 2012) it was announced that child benefit would be set at €130 […]
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Budget 2014: Increased Prescription Charges
Prescription charges for medical card holders were increased in Budget 2014 from €1.50 per item to €2.50 per item – that is an increase of 70%. The monthly cap on prescription charges for a family was also increased from €19.50 to €25 (with medical card) The increases came into effect from December 1st 2013 These […]
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One-Parent Family Tax Credit Changes could mean €2,490 more Tax
Some parents could end up paying as much as €2,490 more Income Tax per year. In Budget 2014 it was announced that the One-Parent Family Tax Credit is to be replaced with a new Single Person Child Carer Tax Credit from 1st January 2014. The new tax credit will be the same amount as the […]
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