budget 2011 Archives

Universal Social Charge and Medical Cards

Thursday, 30 December 2010 by John O' Connor

Paying more Tax in 2011? For the years 2010 and before, if you received a Medical Card, you were exempt from having to pay Income Levy and Health Levy. However, under the new Universal Social Charge which is replacing the Medical Card, this has been changed. Now you will have have to pay Universal Social

Published in Budget 2012, Income Tax, Tax Refunds, Universal Social Charge

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Budget 2011 – Tax Cuts and Levy increases

Tuesday, 07 December 2010 by John O' Connor

So you have checked on the Budget Calculator how you are affected by Budget 2011 – see below how some other people are affected by the changes. Single person Earning €30,0000 – Better Off! Jenny earns €30,000 a year and lives with her parents With the changes in tax credits, Jenny’s income tax bill will

budget 2011 budget calculator

Published in Budget 2012, Health Levy, Home Carers, Income Levy, Paye Tax, PRSI, Rent Relief, Tax Refunds

3 Comments

4 year plan – the Income Tax Changes

Wednesday, 24 November 2010 by John O' Connor

Front loading with 2/3’s of increases in Budget 2011 Lots of reaction to the 4 year National Recovery plan issued today, but we wanted to give you a bit more information on what income tax changes have been signaled today in the 140 page 4 year plan. The Main stated Tax Credit changes are: Trade

4 year plan budget 2011 income tax National recovery plan

Published in Budget 2012

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Budget 2011: Mortgages should be part of balancing act

Thursday, 21 October 2010 by John O' Connor

So instead of having to make up €7.5bn, we are having to make up €15bn in Budget 2011 this December. And most of the debate to date has focused on whether a large enough contribution is being made to the recovery by low paid workers / Public sector workers / high paid individuals (insert as

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Published in Budget 2012, Mortgage Interest Relief

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Budget 2011 Date announced

Wednesday, 08 September 2010 by John O' Connor

Surprising a few, Brian Lenihan has revealed the date of Budget 2011 quite early this year. The Budget has been set for Tuesday 7th December. It is thought that some of the Budget deficit will have to be made up through taxation increases – up to this point, the emphasis has been on spending cuts

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Published in Budget 2012

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Lies, Damn Lies – and politicians quoting EuroStat

Monday, 26 July 2010 by John O' Connor

“50% of Workers not paying any Income Tax” This little snippit of fact has been one of the most frequently quoted up and down the country by Politicians in this last month. We hear it quoted as from the Commission for Taxation Report, or as being sourced from EuroStat Reports, EuroStat being an EU agency providing statistical

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Published in Budget 2012, Health Levy, Income Levy, Income Tax, Paye Tax, PRSI

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