Income tax increases may be off the political agenda but gardaí are claiming other government charges will have the same impact when introduced in the New Year, according to The Sunday Business Post.
Posts Tagged ‘Personal finance’
Two-fifths of people would reduce their pension contributions if tax reliefs are reduced, according to a survey carried out on behalf of pensions company Invesco.
The Revenue owes around 70% of PAYE workers hundreds of millions of euro and would like to pay up but very few individuals ever come forward to claim it, according to The Sunday Business Post.
People who cannot service their mortgage could declare insolvency and be released from bankruptcy – including their mortgage deficits – within three years under new government proposals, according to the main story in The Sunday Business Post.
The looming tax deadline presents the final opportunity to offset a pension contribution against tax for 2010. Relief is granted at the taxpayer’s marginal rate of income tax subject to an overall earnings cap and a sliding-scale of contributions determined by age.