Tag Archives: Income Tax

How Many?

Bodger at 9:42 am August 13, 2019

Finance Minister Paschal Donohoe

Fiona Reddan, in The Irish Times, reports:

On the back of rising incomes, Revenue estimates that more than 28,000 earners will start paying income tax, at the standard rate of 20 per cent, for the first time in January 2020, unless Mr Donohoe widens the bands on October 8th.

Similarly, a further 26,800 taxpayers would be pushed into the 40 per cent tax bracket next year, unless bands are similarly widened. This would result in an increase in the proportion of taxpayers paying tax at the higher rate, up from 21 per cent in 2019 to 22 per cent in 2020.

…On the USC, Revenue estimates suggest that 18,700 people would pay the top rate of 8 per cent next year, while 39,300 would be pushed from the 2 per cent rate to the 4.5 per cent rate. In addition, some 1,100 taxpayers will start paying USC for the first time.

More than 100,000 set to pay more income tax (Fiona Reddan, The Irish Times)

Rollingnews

Vintage Income Tax Booklet Porn

Admin at 5:28 pm April 23, 2013

[heavy bass]

Oh, yess.

Chris Somers writes:

Here’s an old tax guide/m̶a̶r̶i̶t̶a̶l̶ ̶a̶i̶d̶e̶ from 78/79 I found the other day in my grandmother’s house.Also featuring some hot vintage advertising from the VHI and the IDA. There’s even some brown shag carpet thrown in for good measure. Isn’t the purple calming?

Old People Literally Freaking Out

Admin at 10:12 am January 9, 2012

UP TO 20,000 calls from concerned pensioners have been received by the Revenue Commissioners since help lines on their potential tax liabilities were established last Friday.

Letters from the Revenue were sent to 150,000 pensioners last week about their tax compliance, with 115,000 being told they will have to pay extra tax this year.

Minister for Jobs Richard Bruton admitted the move by the Revenue Commissioners to send letters to pensioners last week had created confusion.

Pensions Ombudsman Paul Kenny has said it was ‘disturbing’ that people who were not liable for any extra tax on pension income had received letters about the issue.

Senior Revenue officials are expected to be questioned at an Oireachtas Committee this week about their handling of the issue.