Public Service Pension Cuts in Budget 2011 An overall cut of 4% in public service pensions will be applied to all existing beneficiaries The first €12,000 of public service pension will not be affected . Annual public service pensions above this level will be reduced in accordance with the following rates and bands: First 12,000 […]
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Budget 2011
Online Betting Tax Ireland
In the Irish 2011 Budget (7th Dec 2010) – it was announced that Ireland will be applying Betting Duty to Offshore Betting (Online or Telephone ) Betting Duty is currently 1% and only applies to bets placed in betting shops. The Irish Government now intends to include provisions in the Finance Bill and revise the […]
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Budget 2011 – Main Points
The main points of the 2011 Budget announced on December 7th This will be updated as details are announced.. No State Pension Cuts (It will be frozen in 2011) Average 4% Reduction in All Welfare benefits – see 2011 Rates Here €10 Euro in Child Benefit for 1st and 2nd Child. €20 Cut in Child […]
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Welfare Benefit Rates After 2011 Budget
These are the Welfare Benefit rate changes in Ireland announced in the 2011 Budget. All changes effective January 2011 Widow’s/Widower’s Contributory Pension (i) Under 66: Old 201.50 New 193.50 (ii) 66 and under 80: 230.30 No Change (iii) 80 or over: 240.30 No Change Invalidity Pension: (i) Under 65: Personal rate 201.50 193.50 Person with […]
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Stamp Duty Changes in Budget
Stamp Duty Changes in 2011 Budget The rate of stamp duty on residential property will be changed to 1% on all properties valued up to €1 million. A rate of 2% will apply to property valued over €1 million. Stamp duty on land remains unchanged. The changes take effect from 8 December 2010 All stamp […]
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