Widening of the tax band and help for renters and bills are the main items by the looks of it.
How will this year's budget affect you?
I'm not seeing much, at all, for those in the lower middle
Yes because they have been more tax than you over the years so now get something back. I don't get what you're livid about.
They should have been told to fcuk off. They are civialians v private companies. Why are tax payers paying for this?
Probably overall of equal importance. I used the expensive nicotine patches for a couple of weeks in 1995, I now use HRT. I also spend on stoma products, maybe something could be done to help people with life-saving stomas some day.
Worst thing is there's zero new regulations to stop the rebuilds being done with the same Mickey Mouse blocks. All building in the country should require certified blocks that are mica free.
Only if vacant for 11 months per year though. Enough to allow them to dodge it by staying there for 30 days of the Dáil summer recess.
Pointless.
Spoofery, will raise fúck all and won't encourage many sales.
No no no, that home isn't vacant, it's my holiday home. 👍️
So lets widen the gap between richer and poorer?
Good man.
I think this one is working?
https://taxcalc.ie/budget-2023/
Don't worry, they'll still be paying far more tax than you.
About €830 a year. If you're a renter, €1330!
Would you rather your partner got €54 too?
Nicotine patches were a brief bridge for me as I was withdrawing from cigarettes and I was very thankful for their availability as I achieved becoming a non-smoker without too much pain.
People earning €40k a year and paying high rate of tax are not rich.
You don't think they have thought of that?
Do you want everyone on the same wage? Your salary bracket had it good for a long time compared to someone on €40-€70k.
Any overtime you do is taxed at 20%, any overtime someone on €40-€-70k is taxed at roughly 43%.
Doesn't sound too bad now does it?
Anyone know if the reducation in childcare costs apply to kids in the ECCE scheme (assuming they are full time in creche)?
There was a careless lack of regulation/oversight of how those private companies operated. Construction is a huge health, safety, welfare concern. I don’t know anybody personally affected by mica problem btw.
If they have kids, they're considerably better off. If they dont, they will still have 700 odd quid more take home pay.
Cant really complain.
The 0% VAT rate on defibrillators will come in handy when we all get the next electricity bill.
Not nearly as handy as the €600 you'll get.
What tripe are you talking?
That other poster was bang on with 640
It's a complete joke and impossible surely to implement. There'd be some obvious semi derelict buildings that LAs could identify but after that, it's just virtue signalling.
Yes the money is being given away.
But note this carefully...
A budget on the same scale, proportionately, was announced in the UK the other day. EVERY PENNY of the tax cuts TO THE RICH over there, is being FUNDED BY BORROWINGS!!!
What the Irish Govt is returning to the people today, is a surplus in current spending. Money earned by the hard work of Irish people in difficult times. We should not feel bad about that, its a monumental achievement.
And in fairness to Messrs Donohoe and McGrath, they are banking the Corporate Tax boon instead of making it part of integrated current spending. Very prudent.
We should be very pleased that this budget is possible in today's global climate. We're in good shape, showing decent resilience.
Just keep looking across the water to help you realise how good....
Our budget surplus next year is set to hit 12bn. Even if the global economy goes sideways, our surplus will still hold up well.
We're in pretty good shape on a macro level. Definitely in a better place than most of our European peers.
"Money earned by the hard work of Irish people in difficult times"
Correction - money levied from a very small number of multi nationals who choose to base themselves here for tax purposes for the moment.
And part of this business are the 'hated' data centres that the state encouraged and are now backing out of supplying energy for.
Same question as the years before:
There are two double payments announced for people on weekly social welfare payments. Am I right to say that those on benefit payments (= non means tested payment like JB or IB) get no double payment. And that those on allowance payments (= means tested payments like JA or DA) get the payments? Or is it different this year?
Will the minister please clarify? Or will it be Joe Duffy who will answer this question?
No. Complete spoofery. It is touted to raise around 3 million a year. Probably won't recoup the cost of it.
Houses exempt from LPT are also exempt from this. i.e. dwellings deemed not fit for dwelling.
Oh and it is all self declaring.
It was thrown in at the last minute to appease the mouth breathers screaming that it will fix the housing problems, but when you actually dig down into the stats of how a vacant home is classified, (one that is up for sale or between renters for example or someone in a nursing home, etc - all exempt) it will fix fúck all.
Great post.
Might I add I believe Paschal O'Donoghue is one of if not the best finance ministers we've had in a long time.
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