Budget 2019


NCOME TAX The 4.75 per cent rate of Universal Social Charge (USC) will fall by 0.25 percentage points to 4.5 per cent (on incomes between €19,874 and €70,004) The point people hit the higher, 40 per cent rate of income tax will rise by €750 from €34,550 to €35,300 in the case of a single […]

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€1K 'Granny Grant' proposed for grandparents who help with childcare


Grandparents who help out with childcare would receive a €1,000 annual payment under plans outlined by Independent ministers in Budget negotiations. The self-assessed payment would be available to all grandparents who care for their grandchildren for more than 10 hours per week. In their first negotiations with Finance Minister Paschal Donohoe ahead of the Budget, […]

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