Cyrus wrote: » and if the government reduced income tax and increased er prsi my salary would stay the same and my take home would increase, there is no provision in my employment contract for what you outlined.
Johngoose wrote: » If house prices spiral to ridiculous levels it’s a good thing,as they will crash again.
Bob24 wrote: » If you think your total salary cost for your employer doesn’t matter to you, you need to rethink. Your labour cost obviously includes the full amount it costs your company to pay you and taxation on your labour includes both employer and employee taxation related to your wage. To put it simply: if the government was to reduce your income tax and increase employer PRSI by my the same amount, your company would pay you less and your take him salary would be exactly the same. So any serious conparison will include all taxation on labour no matter who pays it.
Cyrus wrote: » What i said i was comparing was the effective tax rate on the individual, the individual doesn't care about what it costs an employer in social contributions as it doesn't impact their take home pay.
Bob24 wrote: » Employer social contributions are not included in personal tax calculators as they are paid by the employer and not the employee (I.e. they come on top of your gross income but are still taxation on your labour). Not a valid comparison. To talk about the tax system we know (the Irish one) and clarify for you, your Irish link would take into account employee PRSI and USC, but not employer PRSI.
Cyrus wrote: » https://www.uktaxcalculators.co.uk/http://services.deloitte.ie/tc/Default.aspx comparing a single person with no pension contribution, nothing fancy, you can double check them if you doubt them. as to er social contributions you will note that i compared personal income tax and social contributions
Bob24 wrote: » You don’t give the details of your calculations so difficult to know if they represent anything close to the truth, but from what I can see you are overlooking employer social security contributions which would make the UK more expensive that Ireland. As per the detailed calculations provided by E&Y and a Brussels think tank in my earlier post the UK is not too high and just a bit more expensive than Ireland though (it is the only major European country to come close to our taxation level). All other destinations mentioned in this thread (France, Netherlands, Germany) are significantly higher in terms of labour tax burden compared to Ireland.
aloooof wrote: » Wouldn't the numbers be more informative if you included a currency conversion also?
Cyrus wrote: » Simple comparison to our nearest neigbour shows Irish personal income & social security rates to be higher and considerably so between 50 and 100k £50k a year in the uk, effective tax rate 26% €50k a year in ireland, effective tax rate 29% £100k a year in the uk, effective tax rate 34% €100k a year in ireland, effective tax rate 39% £150k a year in the uk, effective tax rate 40% €150k a year in ireland, effective tax rate 43%
Bob24 wrote: » See my previous post with a link to actual figures. We are definitely amongst the lowest. People always think taxation is too high in any country because no one likes tax, but no one on this thread has posted actual numbers. It is just an (incorrect) assumption people have. Also, it is important to remember that given our very low level of corporate tax, even if labour taxation was high (which it isn’t) companies operating her would have more cash available for gross salaries than in most other European countries. I would agree we could use more tax brackets though, but for a large majority of workers this doesn’t make our labour taxation burden expensive to European standards.
bil_clay wrote: » the average is distorted due to those on low ( ish ) incomes paying near nothing in tax , a person on 22 k per year in the uk would pay far more income tax than in ireland , never mind germany or denmark , someone in sweeden earning below 25 k would pay about eight times as much tax as in ireland yet someone earning 60 k per year in sweden would not pay that much more tax than in ireland its those in the middle who get creamed here , the very wealthy will always have ways of minimising tax and politicians they can influence but those at the bottom are very well represented here too despite what the left wing media would have us believe
draiochtanois wrote: » A marginal rate of 52% is excessive taxation and it is a problem. A top rate of USC of 11% is excessive taxation and it is a problem. The top rate kicking in at €34,550 is excessive taxation and it is a problem.
Shedite27 wrote: » Also, if you were surprised with the cost of living in Dublin, I'd recommend you do some research on the cost of living in London before you move there!
Shedite27 wrote: » Well just for reference I paid €600/month for a room in a 4 bed house in Churchtown from 2006 - 2009
gmisk wrote: » That was a long time ago.....the price of a room in a house would be a LOT more now I would think, with the wages not really going up hugely. (BTW i lived in shared house til i was 33 - god I hated it lol)
Shedite27 wrote: » I was on €26k when I moved to Dublin in 2006, rented a room in a house with other people. Plenty of people do it. It's not unreasonable that people at entry level salaries can't afford the most desirable apartments
Henbabani wrote: » Even me and my wife going to give a one year chance to live here, but as things looks like we probably move on March to London. they pay the same salary, and it's a bit cheaper to live there, and there's so much to do in London.
Henbabani wrote: » there's so many job offers on Linkedin for Danish speaker, french speakers and italian, i don't know why they think that people from Sweden, Italy or France come to Dublin working for 27-30K and pay 1300-1400E for 1BDR apartment.
Bob24 wrote: » That kind of salary doesn’t allow to plan for a long term family life in Dublin, but for a young person with limited qualifications and/or work experience who wants to spend some time abroad it’s fine. And also for the most part those would be customer service jobs which don’t require any qualification besides speaking a certain language and being polite and serious. Jobs for people with similar qualifications would be paid quite a bit less in some of those countries (a junior CSR in France won’t make more than 20k).
Henbabani wrote: » ............... p.s - there's so many job offers on Linkedin for Danish speaker, french speakers and italian, i don't know why they think that people from Sweden, Italy or France come to Dublin working for 27-30K and pay 1300-1400E for 1BDR apartment.
Henbabani wrote: » agree with you, my wife working in Accenture, mid income(30-35K) per year. she told me that more and more people, especially those who came from Germany, Italy and Spain getting back home after few months. We are part of Israeli group on Facebook and even there you can see that more and more people talking about come back to Israel, i personally know 2 families that the husband work for Google and Oracle that get back home. i really feel that the prices are reaching some psychological limit that above it people start to go back home and leave Ireland with her problems. Even me and my wife going to give a one year chance to live here, but as things looks like we probably move on March to London. they pay the same salary, and it's a bit cheaper to live there, and there's so much to do in London. Good luck to the Irish people with that crisis, it's really bad i have to say. p.s - there's so many job offers on Linkedin for Danish speaker, french speakers and italian, i don't know why they think that people from Sweden, Italy or France come to Dublin working for 27-30K and pay 1300-1400E for 1BDR apartment.