BUDGET UPDATE
Marginal rate of taxation on income is now 53% for PAYE workers and 55% for the self-employed.
And the Minister has now concluded his Budget…
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Marginal rate of taxation on income is now 53% for PAYE workers and 55% for the self-employed.
And the Minister has now concluded his Budget…
4.30pm Introduction of employers PRSI on 50% of employee pension contributions
4.27pm CAT & CGT rates increase from 25% to 30%. Reduction in CAT Class A threshold from €332,084 to €250,000
4.24pm DIRT to increase from 27% to 30%
4.22pm As previously announced, standard rate of VAT to increase to 23%. No other VAT rate changes.
