Figures compiled In today’s Irish Times by EY DKM Economic Advisory
Oh.
If you want to pay less tax on your income every month, get married or have a child. Don’t give up your job and live with someone without getting married.
While society has moved forward in so many ways over recent decades, our tax system still exerts a “fiscal preference” for families – particularly those where the parents are married.
FIGHT!
Single, married or cohabiting: Who pays the least tax? (Fiona Reddan, The Irish Times)
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Is this a joke? Try running a family on a single income then. Tax individualistion did massive damage to Irish society. Kids being woken up at 6am to spend 12 hours in a dodgy creche.
sure with all them benefits the great state provide you with it should be easy
It also contributed to the notion that to own a house required two incomes, and allowed house prices to boom.
I feel very sorry for single people, divorcees, or single parents at the mercy of the rental market, either sharing with strangers or barely afloat. I was there myself not so long ago.
I’d rather pay the extra tax thanks.
I was thinking along the same lines having a stand-up fight with my young wan in Dundrum yesterday: one of us wanted to spend hours looking at Christmas decos, the other didn’t. I’ll leave it to you to decide who was who. She’s three. She can SHOVE IT.
I had a full on roaring match with mini in the Pavilions last year over the Christmas shopping.
Did I care? Did I what.
I think you made it clear yesterday what you think of children.
What? Don’t recall commenting at all about kids yesterday. You clearly have me confused with another. My comment above relates to singledom not parenthood.
https://www.broadsheet.ie/2018/12/10/how-many-52/
I’d say Yep is referring to this thread.
Ahhhhhhh Mildred…i don’t want a row. Just a little afternoooon snide.
Sorry!
I’ll have a little friendly snark off between internet palz if you like?
be careful what you wish for, millie
Yep tends to… hold on to things, let’s say
Are you implying that he doesn’t like to share?!
not quite that
i upset Yep in, I think, 1987… we’re just about cool now, though, happily
@ millie
Thank you but I’ll bring my negative vibes elsewhere. ;)
@ BB…well played Sir. Well played.
only joking, Yep! sure you know me and my tinky winkle
Ah sure I know. I legit laughed believe. Long week already is all. Have a great one the pair of ye!
You too me aul flower
How does having a child affect tax paid?
Home carer credit: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax_credits_and_reliefs/home_carers_tax_credit.html
Thanks… I can see how that changes the “Married 1 Earner” (the non-earner gets Carer’s)
but how does that affect a single person? In the original table they pay less tax across the board if they have children.
*Oops. I found it: Single Person Child Carer Credit
http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax_credits_and_reliefs/one_parent_family_tax_credits_and_reliefs.html
What I don’t get is that cohabitating parents where only one works are taxed harsher than a single parent. They have to provide for more people?!
‘Shoulda put a ring on it’, is the short answer to your question.
I think that its unfair on single people. Difficult as it is to find a partner for life, dealing with all of that, but then on top of it being punished financiallly by heavier taxes. Sure, tax the wealthy singles more, but not the working class/former middle class.
These tax incentives probably go back to a church led society.
This is stupid.
The point of the tax relief is to incentivise families, not promote singledom or single parenting.
You’re looking at it from a selfish point of view. Kids raised in families do better. (Anecdotes don’t win the argument or beat the even any averages)
And I’d add having one parent at home, father or mother, is better for the child than a crèche.
there is also the thing that if we stop having kids then there are tax payers in the future and therefore no state services for anyone and we are all fecked, childless or not.
That a good reason for the tax differences.
+1
I assumed a missing ‘no’ in that :)
correct assumption on your part
terrible mistake on my part
I’m always a bit sceptical about claims that the only social glue holding marriage together is the limited ability to share tax credits.
I would too, thank God I’ve never heard it claimed to be the only glue.
Guy glue, thats the key. And lots of it.
Totally agreed with this. Being part of a family unit and having children is something society needs. We should understand that this is not always possible for individuals because of some medical issues, but there can be exceptions put into the tax code for that.
If society doesn’t promote families having children, and people don’t have children, then it’ll be the Matlock channel all day every day in a few decades.
+1
And endless repeats of The Chase and Pointless… aaarrrggghh, the horror! :)
Except that does nothing for the human population explosion which really needs to be addressed fast and applies to everyone on the planet. We see the warning signs every day yet nobody thinks it applies to them.
What one needs is a very good creative accountant.
And non-dom status.
Every little helps.
Sure its the same with all the motives to close the ‘wage gap’ , all of those are jsut saying having a child shouldnt hurt your career earnings, a slap in the face to childless women who dedicated themselves to their careers.
Careers are overrated IMO.