Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Main Budget 2013 Tax changes at a glance :

  • 05-12-2012 6:40pm
    #1
    Registered Users, Registered Users 2 Posts: 6,892 ✭✭✭


    Maternity Benefit to be taxable for all claimants with effect from 1 July 2013
    Top Slicing Relief will no longer be available from 1 January 2013 on ex-gratia lump sums in respect of termination and severance payments where the non-statutory payment is €200,000 or over
    The standard rates of USC will apply to those aged 70 years of age and over and medical card holders (PAYE/self-employed income earners) earning €60,000 and above with effect from 1 January 2013.
    Removal of weekly PRSI allowance from full rate and modified rate PRSI contributors.
    Increase in the minimum annual PRSI contribution for self-employed earners from €253 to €500
    Collection of the Local Property Tax (LPT) will commence on 1 July 2013. The LPT will be administered by the Revenue Commissioners
    Rates of VRT are being increased with effect from 1 January 2013
    Motor Tax rates across all categories will increase with effect from 1 January 2013.
    The excise duty on a pint of beer or cider, and a standard measure of spirits is being increased by 10c (including VAT); the duty on a 75cl bottle of wine is being increased by €1 (including VAT), with pro-rata increases on other products. These increases will take effect from midnight on 5 December 2012
    The excise duty on a packet of 20 cigarettes is being increased by 10 cents (including VAT) with a pro-rata increase on the other tobacco products, with effect from midnight on 5 December 2012. The excise duty on roll-your-own tobacco is also being increased by 50c per 25g pouch with effect from midnight on 5 December 2012
    The carbon tax will be extended to solid fuels on a phased basis. A rate of €10 per tonne will be applied with effect from 1 May 2013 and at a rate of €20 per tonne from 1 May 2014.
    The current rate of 30% is being increased to 33%. This increase applies in respect of gifts or inheritances received after 5 December 2012

    A lot of stuff there to take in


Advertisement