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Budget 2016

Information about Budget 2016 in Ireland

 

USC Calculation for 2016 – How Much Difference Will it Make ?

Posted on January 21, 2016 14 Comments

The reductions to USC that were announced in Budget 2016 were heralded as a massive change prior to the Budget . We saw headlines in one paper saying that it would mean an extra €1000 in  workers take home pay – but that was rubbish. The changes to the USC in 2016  will result in […]
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Categories: Budget 2016, Universal Social Charge, USC

Tags: usc

 

EU Commission Comments on Budget 2016

Posted on January 1, 2016

A report this month from the EU Commission made several negative comments about some of the changes,  or lack of changes in Budget 2016. a)  The report commented that reductions in USC were aimed primarily at increasing the incentive to work , but it would have been also a good idea to target increasing labour […]
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Categories: Budget 2016, Eurozone, Property Tax, Troika

 

ECB ask Irish Government to reconsider new ATM Charge

Posted on January 1, 2016

As part of Budget 2016 it was announced that the stamp duty on debit cards would be removed from 2016 and replaced with a 12c ATM withdrawal charge.  Full Story Here. The idea behind it is to reduce he use of cash. The chamge was implemented from January 1st 2016 – but it might have […]
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Categories: ATM, Budget 2016

 

Welfare Christmas Bonus 2015

Posted on November 18, 2015 114 Comments

(Update – 2016 Christmas Bonus Payment Date Here ) In 2009 the Social Welfare Christmas Bonus was abolished by the previous Government. The bonus payment used to be a full extra weeks payment – resulting in a double payment in one of the weeks in December. In the last Budget, in 2014 , the bonus […]
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Categories: Budget 2015, Budget 2016, Christmas, Social Welfare, Welfare Benefits

 

Budget 2016 – Free Pre-School Extended

Posted on October 15, 2015 2 Comments

Free Pre-School extended in Budget 2016 From September 2016 the Early Childhood Care and Education (ECCE) scheme will be extended . The changes mean that children will be able to start pre-school at age three, and to remain in pre-school until they start primary school.  (or reach 5 years 6 months) . Currently, children between […]
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Categories: Budget 2016, Childcare, Children, ECCE

 
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