Child Benefit will be cut in January 2011. There will be a €10 per month cut for the first and second child. The rate for the 3rd and subsequent child was €37 a month higher than the first 2 children. This difference is being cut – so the third child rate will now be €27 […]
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Budget 2011
Irish Budget Day Arrives
It has finally arrived – the Budget 2011 date of December 7th was announced back in September – and at last it is here. The minister for finance Brian Lenihan will start the Budget speech at 3.45pm today and it is expected to be the toughest Budget in the history of Ireland. Maybe more people […]
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Labour Party Budget Proposals
The Irish Labour Party released details of their proposals for Budget 2011. The main points we picked out are as follows : A new tax band of 48% on joint incomes over €200,000 (single incomes over €100,000),and a reduction in the personal credit of €250. Abolish Air Travel Tax Increase in the rate of carbon […]
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Budget 2011 – Fine Gael Alternative
With Budget 2011 due in 4 days time – Fine Gael today released their ideas for the Budget and the 4 Year Plan. Some of the main points are : No income tax increases in 2011 before recovery takes hold, and limiting income tax increases to half the levels proposed by Fianna Fáil over the […]
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Four Year National Recovery Plan Details
The anticipated 4 year National Recovery Plan from the Irish government was released today. Some of the key points include …. (This post wil be updated as details arise) The minimum wage is being cut by 1 euro per hour, to €7.75 / hour. (A 12% Cut) Corporation tax remains at a rate of 12.5% […]
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