Tag Archives: Budget 2014

90170000(Enda Kenny and members of young Fine Gael in 2009 with passports and suitcases to “outline alternatives to the worrying trend in emigration”)

Via Welfare.ie:

Providing for an additional intake of 1,500 young people to the JobBridge national internship scheme.

In parallel, the Department is announcing changes to income support for young people.

With effect from January 2014, people without children aged 18-24 years in receipt of Jobseeker’s Allowance will receive €100 per week unless they are an existing claimant on a higher rate, in which case their rate will not change.

People without children aged 18-24 years in receipt of Jobseeker’s Allowance or Supplementary Welfare Allowance will receive €100 per week unless they are an existing claimant on a higher rate, in which case their rate will not change.

People without children aged 25 years in receipt of Jobseeker’s Allowance or Supplementary Welfare Allowance will receive €144 a week unless they are an existing claimant on a higher rate in which case their rate will not change.

This weekly €144 rate will increase to €188 when they reach 26 years of age. All jobseekers aged 18-25 years who participate in the Back to Education Allowance scheme will receive €160 per week.

 

Anon writes:

What I can see from these proposals is if you’re unemployed and aged between 18-26, you have a choice of emigrating (if you can afford to) or go to work on JobBridge for an extra €50 a week (for up to 18 months!).
As far as I know, JobBridge was intended for highly skilled jobs, how many of these positions will be like that?
If you’re aged between 18 and 26 and lose your job, how will you get to pay rent, pay bills and things like a car loan? Not everyone has the option of moving back to live with their parents.

 

Minister Burton’s Budget package protects pensions, other weekly welfare payments and Child Benefit (Welfare.ie)

Previously: It’ll Be Instagrand

(Sasko Lazarov/Photocall Ireland)

90317633903176589031765590317640903176199031762990317608Scenes around Leinster House during Budget 2014 proceedings today.

High income earner?

Today I am publishing the report of the Revenue Commissioners on their analysis of the high earner restriction in 2011, which covers the latest figures available and relates to measures to limit the use of certain tax reliefs and exemptions by high-income individuals. The yield is down when compared to the report for the tax year 2010 due to falls in the incomes of these individuals and the closure of tax reliefs such as the abolition of the patent and stallion fees exemptions and the capping of the artist exemption. This has resulted in many of these individuals’ moving into the regular income tax system. The report shows that the effective tax rates for different categories of high earner are around 30% to 40%. This confirms that the restriction is working to improve the balance between promoting tax equity with regard to those on high incomes while maintaining the incentive effect of the various tax reliefs introduced to achieve a particular public good.
Apart from the measures that I have just announced, Deputies will be pleased to hear that there will be no increases in income tax or the universal social charge in 2014; there will be no increases in the 9%, 13.5% or 23% VAT rates in 2014; and there will be no increases in excise duty on petrol, diesel or home heating oil and gas.”

 

Michael Noonan, today

 

Young, jobless on meds and like a smoke?

No one was spared as Michael Noonan reduced dole payments for under-25s, hiked student fees and prescription charges, axed the bereavement grant and slapped 10 cent on cigarettes and alcohol.

 

Full speech via KildareStreet.com here

Young, elderly and the old reliables hammered (Irish Independent)

(Sam Boal/Photocall Ireland)

 

90317651(Finance Minister Michael Noonan and the brown zip up folder of doom this afternoon at government buidlings)

As there have been no changes to income tax bar the One-Parent Family Tax Credit changing its  name to Single Person Child Carer Tax and only applying to the primary carer there is little change to Karl’s tax calculator from last year.

The calculator is available HERE with lots of zeros in the difference column.

Also, here’s another 10 free copies of the TaxCalc.ie iPhone app for anyone who wants to remind themselves of what they get paid (should they have a job).

http://tokn.co/gr997a73
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(Mark Stedman/Photocall ireland)

Meanwhile:

Where-does-your-tax-go_2014-1

 Via PublicPolicy.ie

Thanks Barbara McCarthy

20/5/2013 Health Committees on Abortion

(L-R) Dr Darach O’Ciardha, Kieran Ryan CEO, Dr Margaret O’Riordan Medical Director, and Dr Seamus Cryan President, of the Irish College of General Practitioners

The Irish College of General Practitioners (ICGP) today reacted to the confirmation from the Government that it plans to go ahead with taking over the cost of paying for GP care for under-fives from parents. Kieran Ryan, CEO of the ICGP, said, “It is the policy of the ICGP to support mechanisms for the provision of care where ability to pay is not a barrier. However, the proposal that parents of all under-fives would not be charged directly for GP visits represents a major change to how early years health services are currently organised and paid for. There has been no discussion with the profession on this.

Dr Darach Ó Ciardha said, “If paying for this is coming from the medical card scheme, without that pot being increased considerably, then other vulnerable groups will be affected most. It would not be fair or reasonable that someone on a high salary, who can afford to pay for GP care for their child, would now get it for free, but that vulnerable people who need medical cards would lose them to pay for it.”

ICGP statement on free GP visits for under-fives (Irish College of General Practitioners)

File pic: Laura Hutton/Photocall Ireland