Budget 2025

Ultimately there is limited scope for tax changes to materially impact people's financials.

This example sees the person better off to the tune of €250/year, which isn't much. But it also sees there their total deductions drop from €6990 to €6740 which is a drop in their deductions of 3.6%.

People will say a 3.6% drop in income tax/PRSI/USC is pathetic, but would be apoplectic if there was a 3.6% increase instead.

Ultimately the individual in this example has an effective tax rate of 16%, which is quite low. There's limited scope for benefit from tax reductions if someone is already paying low amounts of tax.

If somebody wants higher take home pay, the expectation should be on securing that from the employer, not the government.

Some people have very short memories. I said it already here. Once nothing is being taken away (Direct taxes) then i'll not really give a jot.

But they are my circumstances in fairness

Berties boys, Simon and Micheal have done the man proud. I don't know why they don't end the pretense that they are a seperate party at this stage. They should unite under the one party and and have their idol Bertie run inthe next Presidential election. It's what all of FFG want.

Anyone notice that Harris and Martin are doing the radio rounds for the past day, but O'Gorman is absent

and even Hourigan is absent from the airwaves. And she is financially knowledgeable. Most odd.

I didn't say that they didn't so thank you for the pointless comment.

I was contradicting people saying that majority of people will be €1k better off. Some stated exact figures that were clearly just made up as per the online calculators can prove.

…and we ll vote ffg back in again and again and again, keep the recovery going folks!

Ireland already has the most progressive tax system in the world. The ability to significantly further rebalance the tax burden to place more on higher earners and less on lower earners is extremely limited.

Anybody qualified to comment who looks at our tax system immediately says:

• Too narrow
• Heavily reliant on a small number of higher income workers.

As someone further up in this thread says. If you’re a low or middle income worker in Ireland, your income tax burden is not where your attention should be and you should not be seeking further ‘relief’ from budgets. It’s already world leading in how little tax is paid at these income levels.

Agree across the boards. Our exceptionally low levels of LPT alongside the comical valuations that are accepted are the single biggest area that needs to be addressed but such a hot potato (as per water chargers).

Does look like revenue will now be going after the undervaluation part going forward by lowering specific clearance from €1m. Suspect plenty are in for a shock just when they think their sale is about to close and they’re landed with multiple years LPT + penalties…will probably make the Dail and be waived when it gets too unpopular though.

What steps would you take as the Irish government to lower the price of food and energy?

I think you're missing my point that blowing the extra allowance money on toys could leave some parents short of money for expenses like clothing, footwear and school expenses. I do think that the idea behind providing the allowance is to help parents meet such basic expenses. Nothing wrong with using some of it for Christmas toys (I ain't no Scrooge) but some parents do lose the run of themselves with extra cash…. hence my suggestion to increase the monthly allowance itself.