Budget 2019

_Brian · 09-10-2018 2:03pm

The Specialist wrote: »

I don't. I give a damn about the here and now which I live in, and the exhorbitant costs left right and centre. Tree hugger stuff like this can go and ****...

It’s reasonable to expect people to be able to balance an interest in both.

Yes, we have to live in the here and now, but the “here and now” we pass to our kids is also our responsibility.

I’m concerned about people who can’t see that the future environment is importand because they’re essentially saying they don’t care about the lives their kids and grandkids will have to lead - that pretty sad.

Desiree Burch · 09-10-2018 2:06pm

_Brian wrote: »

When the worker runs a car to/from a job it’s disgustingly close to being better off on tue dole. This is so wrong it’s unbelievable.

An extra €203 at Christmas brings it to an extra €9 pw while someone who will be getting up early on the cold dark mornings will be lucky to get an extra €3 pw into their hand.

A budget for the lazy and career breeders.

Sickening.

_Brian · 09-10-2018 2:07pm

tototoe wrote: »

Problem is, thAt while the USA and China, don't bother...we are getting hit. The impact of any change by Ireland is minimal, considering the size of the place. We are miniscule when talking about our carbon output. It's just more tax. Our actions will have very limited impact on climate change.

Somewhat true, but it’s not people coming from China and America overnight who are flytipping in every green lane way. Throwing TVs and mattresses everywhere. It’s not their waste we’re burying so we can pretend it’s dealt with. Environment is an all encompassing project, we shouldn’t tune in and out to what suits us, I don’t feel a carbon tax is helpful unless the revenue is ringfenced and used appropriately, but pointing over the ocean and saying it’s their fault so we shouldn’t try is just playground talk. In time everything will matter, it’s a lifestyle and that has to build from trying.

codrulz · 09-10-2018 2:08pm

the only real problem I have with this budget is that tax on betting only rose to 2% I think that is criminally low. Gambling is a dangerous and addictive activity scourging many people. It is akin to alcohol and cigarettes and should be levied as such.

seamus · 09-10-2018 2:10pm

Higher rate band is being increased to 35,300 (up by €750)

Decreasing top rate of USC from 4.75% to 4.5%

This means for middle income workers, an effective 1% reduction in their tax payable.

Hourly Minimum wage increased to €9.80

USC band 2 moving to €19,874 - meaning a full time worker on minimum wage will not pay any higher rate of USC

Quin_Dub · 09-10-2018 2:11pm

codrulz wrote: »

the only real problem I have with this budget is that tax on betting only rose to 2% I think that is criminally low. Gambling is a dangerous and addictive activity scourging many people. It is akin to alcohol and cigarettes and should be levied as such.

It should certainly be taxed at at least the same level as tourism - I don't think 13.5% should be a problem for anyone on gambling..

seamus · 09-10-2018 2:13pm

Quin_Dub wrote: »

It should certainly be taxed at at least the same level as tourism - I don't think 13.5% should be a problem for anyone on gambling..

It's boiling a frog tbh. Lump too much in one go and you create chaos in the industry, companies uproot, people lose jobs and rather than a massive tax take, you instead lose it all to foreign and online gambling.

Turn it up slowly, budget by budget and the companies will slowly adjust their costs to suit, while keeping their operations in Ireland.

ednwireland · 09-10-2018 2:13pm

Captain Obvious wrote: »

Will a carbon tax help? I have to travel the same distance to work no matter how much the fuel costs. I'd rather see them make economical cars much more attractive.

and no investment in public transport outside dublin so no alternative but to drive IMO carbon tax is just a cash grab

Alf Veedersane · 09-10-2018 2:13pm

tototoe wrote: »

Problem is, thAt while the USA and China, don't bother...we are getting hit. The impact of any change by Ireland is minimal, considering the size of the place. We are miniscule when talking about our carbon output. It's just more tax. Our actions will have very limited impact on climate change.

Ireland is part of an EU that has set targets. Not unreasonable targets either. We're very far off the mark and so we'll be getting hefty fines. That's the reality of it, regardless of what the US or China are doing.

Fwiw, in terms of percentage of energy from renewable sources, China are doing better than Ireland.

Captain Chaos · 09-10-2018 2:14pm

seamus wrote: »

Higher rate band is being increased to 35,300 (up by €700)

Decreasing top rate of USC from 5% to 4.75%

This means for middle income workers, an effective 1% reduction in their tax payable.

Hourly Minimum wage increased to €9.80

USC band 2 moving to €19,874 - meaning a full time worker on minimum wage will not pay any higher rate of USC

Up by €750.

And its 4.75% down to 4.5%.

Franz Von Peppercorn · 09-10-2018 2:16pm

tototoe wrote: »

Problem is, thAt while the USA and China, don't bother...we are getting hit. The impact of any change by Ireland is minimal, considering the size of the place. We are miniscule when talking about our carbon output. It's just more tax. Our actions will have very limited impact on climate change.

That’s not true about China at all.

Laois_Man · 09-10-2018 2:16pm

I expected them to do something with VRT specifically aimed at those buying cars in the UK

Maybe it makes sense to see what the Brexit deal is first

lawred2 · 09-10-2018 2:17pm

seamus wrote: »

Higher rate band is being increased to 35,300 (up by €700)

Decreasing top rate of USC from 5% to 4.75%

This means for middle income workers, an effective 1% reduction in their tax payable.

Hourly Minimum wage increased to €9.80

USC band 2 moving to €19,874 - meaning a full time worker on minimum wage will not pay any higher rate of USC

Woopdedoo

Franz Von Peppercorn · 09-10-2018 2:18pm

Lads. Don’t spend it all in the one shop.

tayto lover · 09-10-2018 2:21pm

The man who gets up early in the morning to go to work will be doing cartwheels with the approx extra 5 euro he'll be receiving.
Cartwheels I tell you. Not even the price of one decent sandwich.
Meanwhile the "never worked" wasters will get more plus a Christmas bonus.
Something rotten in this country,

Captain Chaos · 09-10-2018 2:22pm

tayto lover wrote: »

The man who gets up early in the morning to go to work will be doing cartwheels with the approx extra 5 euro he'll be receiving.
Cartwheels I tell you. Not even the price of one decent sandwich.
Meanwhile the "never worked" wasters will get more plus a Christmas bonus.
Something rotten in this country,

Not even price of pint in my local.

seamus · 09-10-2018 2:23pm

lawred2 wrote: »

Woopdedoo

For the average household, it's considerably more than the €5 a week for dole recipients.

Edit...actually my figures may be wrong...

09-10-2018 2:24pm

Did fuel go up?

BarryD2 · 09-10-2018 2:25pm

seamus wrote: »

Turn it up slowly, budget by budget and the companies will slowly adjust their costs to suit, while keeping their operations in Ireland.

In that case, you could be looking at 10 years to bring betting tax to a decent level. It really is gobsmacking that such wasteful expenditure is only currently taxed at 1%. Betting is a luxury activity and should attract same rates of taxation as all similar activities.

thomas 123 · 09-10-2018 2:27pm

Anyone able to do the before and after on a salary of 30K?

thomas 123 · 09-10-2018 2:28pm

BarryD2 wrote: »

In that case, you could be looking at 10 years to bring betting tax to a decent level. It really is gobsmacking that such wasteful expenditure is only currently taxed at 1%. Betting is a luxury activity and should attract same rates of taxation as all similar activities.

is the 2% on winnings though? surly the local paddy power doesn't just pay 1% now 2% on profits?

09-10-2018 2:29pm

thomas 123 wrote: »

Anyone able to do the before and after on a salary of 30K?

Calculator not up yet but try in a while

https://www.google.ie/amp/s/amp.irishexaminer.com/breakingnews/business/how-will-the-budget-2019-affect-you-find-out-with-our-budget-calculator-provided-by-kpmg-874358.html

ednwireland · 09-10-2018 2:29pm

thomas 123 wrote: »

Anyone able to do the before and after on a salary of 30K?

kpmg should have a calculator up soon

thomas 123 · 09-10-2018 2:30pm

Strawberry Milkshake wrote: »

Calculator not up yet but try in a while

https://www.google.ie/amp/s/amp.irishexaminer.com/breakingnews/business/how-will-the-budget-2019-affect-you-find-out-with-our-budget-calculator-provided-by-kpmg-874358.html

Bookmarked thank you!

Gumbo · 09-10-2018 2:30pm

seamus wrote: »

Kind of disappointed they didn't go for something radical like the abolition of VRT on electric vehicles and a five-year suspension of motor tax for them, along with increasing VRT and motor tax on all other vehicles.

VRT is all but non existant on EV's unless your buying a 100k Tesla.
I brought in my 2014 EV last year and VRT was 0. Granted its capped at a AMSP of 37k or thereabouts, but for the average Joe buying a car or importing one that's fair enough. If you have the money for a 100k Tesla, then you still get the allowance up to the 37k and only pay on the balance.

TitianGerm · 09-10-2018 2:31pm

thomas 123 wrote: »

Anyone able to do the before and after on a salary of 30K?

You'll be about €40/50 better off for the year. The increase in the tax band won't affect you so the only benefit you'll see if from the USC changes.

09-10-2018 2:32pm

codrulz wrote: »

the only real problem I have with this budget is that tax on betting only rose to 2% I think that is criminally low. Gambling is a dangerous and addictive activity scourging many people. It is akin to alcohol and cigarettes and should be levied as such.

The bookmakers will pay it on behalf of the customer as they do now with the 1%.

09-10-2018 2:35pm

TitianGerm wrote: »

You'll be about €40/50 better off for the year. The increase in the tax band won't affect you so the only benefit you'll see if from the USC changes.

So .96cent per week better off. Woohoo Thomas, the drinks are on you!

Pete_Cavan · 09-10-2018 2:35pm

Captain Obvious wrote: »

Amirani wrote: »

Lots of people want it. Complete embarrassment that our country performs so badly in environmental metrics. If you give a damn about our environment and future generations, then you'll be supportive of measures that reduce the damage we're doing to it.

Will a carbon tax help? I have to travel the same distance to work no matter how much the fuel costs. I'd rather see them make economical cars much more attractive.

You mean like increasing tax on carbon creating fuel thereby making less polluting cars or alternative fuel types more attractive?

thomas 123 · 09-10-2018 2:36pm

Strawberry Milkshake wrote: »

So .96cent per week better off. Woohoo Thomas, the drinks are on you!

Id arrange a house party but Ill never own one.

Budget 2019

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