Proposals to increase the €200 non-principal private residence (NPPR) charge could raise up to €100m in additional revenue a year for local authorities, with both coalition partners favouring significant increases.
Posts Tagged ‘taxation’
Families with three or more children can expect to have their child benefit payments curtailed in this week’s Budget, which will also see a rise in student registration fees, according to The Sunday Business Post.
The Government is likely to hit savers with a higher Dirt tax in this week’s Budget, costing investors about €1 for every €1,000 they have on deposit, The Sunday Business Post reports.
The Government hopes to raise €14m in 2012 by extending the 1% betting tax to cover offshore, online and phone betting, augmenting the €26m the state currently derives from betting shops.
As Cliff Taylor, Editor of The Sunday Business Post, notes: who needs to raise income tax when you can introduce levy after levy with the same effect? Of course, this is an old refrain readers of the Noone Casey round-up will be very familiar with. Taylor argues the Government has no choice, given the hairshirt demanded by the bailout.