The new income levy came into effect in Ireland on 1 January 2009 and is payable on gross income. Updated – See Income Levy 2010 Rates Here The rate of the levy when introduced was 1% on income up to €100,100 pa; 2% on income between €100,101 and €250,120 pa; 3% on income in excess […]
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Budget 2009
No 1% Levy on income at or below minimum wage.
Today Brian Cowen did another U turn on a Budget proposal. The 1% levy will no longer be taken from anyone whose income is at or below minimum wage levels. It is not yet clear if this is based on an hourly rate or an annual basis. This change makes sense – but why did […]
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Medical Card Budget U-turn by Brian Cowen
After a week of uproar because of the introduction of means testing for medical cards for over 70’s – Brian Cowen called a press conference this morning. It was reported and expected that an almost complete reversal of that decision was going to be announced. The original proposal meant that 30% of over 70’s would […]
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Drugs Payment Scheme Budget Changes
Under the Drugs Payment Scheme – a family unit only has to pay a maximum of €90 a month for approved prescribed drugs, medicines and certain appliances for use by yourself and your family in that month. The Budget in October 2008 increased this amount to €100 euro a month from January 2009 Family expenditure […]
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Medical Card Means Test changes for over 70’s
After the recent uproar over Budget chnages to means testing over 70’s for medical cards – the government has made some changes to the income thresholds. Whilst they have increased thresholds – they also said that they still expect the same number of over 70s to qualify for a full Medical Card. It is hard […]
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