Budget 2011 – School transport fees are to be increased in 2011 Bus fares for Post-primary pupils will now be €350 per pupil per year (up from €300 in 2010) There will also be a new €50 fee at primary level (exc. Medical card holders) All fares subject to maximum family charge of €650 a […]
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Budget 2011
Welfare Benefit Cuts in Budget 2011
Benefit Cuts From January 2011 Overall there will be a 4% cut effective from the first week in Jan 2011 Most benefits have been cut by €8 a week – with a Proportionate decrease for those not on the maximum rate . All rates will be unchanged for those aged 66 and over. Invalidity Pension […]
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PRSI Changes in Budget 2011
PRSI Changes in 2011 Budget The employee PRSI ceiling of €75,036 has been abolished. Class S – Self Employed PRSI is to be increased from 3% to 4%. The modified PRSI rate for civil servants increases from 0% to 4% on incomes in excess of €75,036. A 4% PRSI charge will apply to certain Civil […]
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Cuts in Income Tax Bands in Budget 2011
Proposed Standard Rate Income Tax Bands from 1 January 2011 As announced in Budget 2011 These are the tax bands or cut off points at which taxpayers start to pay the higher rate of income tax – 41%. Income under these bands is taxed at 20% Single/Widowed : 2010: 36,400 2011: €32,800 Married One Income […]
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Tax Credit Cuts in 2011 Budget
New Levels Tax Credits from 1 January 2011 Existing Proposed Employee Tax Credit 1,830 1,650 Personal Tax Credits – single 1,830 1,650 Personal Tax Credits – married 3,660 3,300 Widowed person bereaved in year of assessment 3,660 3,300 One Parent Family Tax Credit 1,830 1,650 Home Carer Tax Credit 900 […]
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