Taoiseach

An easing of the personal tax burden for all citizens has been signalled by Taoiseach Leo Varadkar.

But that’s something obviously we’ll have to discuss at government level between now and the next Budget. “It might take a few budgets to get there. “I’d like to move that up. “We want to help people somewhat with the cost of living, certainly, with a combination of pay rises and income tax reductions. The policy objective that I have set is that we should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax.” “We should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax,” Mr Varadkar said.

However, the minister with responsibility for tax affairs, Finance Minister Paschal Donohoe, shot down the idea before the Budget as it would result in the ...

“The policy objective that I have set is that we should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax. “I believe that work should pay, and I think that in Ireland people have to pay the highest rate of income tax on very modest incomes. Mr Varadkar said: “We want to help people somewhat with the cost of living, certainly, with a combination of pay rises and income tax reductions.

Taoiseach Leo Varadkar has resurrected the idea that the Government could introduce a new lower tax rate of just 30%. And the new leader of government has ...

“The policy objective that I have set is that we should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax. “I believe that work should pay, and I think that in Ireland people have to pay the highest rate of income tax on very modest incomes. “But certainly if the public finances allow it, I would like to see us continue on that road, so that you will be able to earn more without having to pay the highest rate of income tax. Mr Varadkar said: “We want to help people somewhat with the cost of living, certainly, with a combination of pay rises and income tax reductions. At the moment, the Revenue’s tax bands show that for a single person with no dependents you pay 20% on income up to €36,800 and 40% on the balance above that. And the new leader of government has also reiterated a Fine Gael commitment to increase the current higher tax threshold where people pay 40% of their income in tax to €50,000.

WORKERS should not have to pay the higher rate of income tax until they earn over €50000, Taoiseach Leo Varadkar has claimed.Currently, singl.

But that's something obviously we'll have to discuss at Government level between now and the next Budget. “It might take a few Budgets to get there. “But certainly if the public finances allow it, I would like to see us continue on that road, so that you will be able to earn more without having to pay the highest rate of income tax. "The policy objective that I have set is that we should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax. And I think that in Ireland people have to pay the highest rate of income tax on very modest incomes. Speaking in a roundtable interview before Christmas, the Taoiseach said people should not have to pay the higher rate of tax until they earn more than €50,000 a year.

Leo Varadkar said he is 'determined' to make changes to ensure people can earn up to €50000 a year without having to pay the highest rate of income tax.

We're getting to a standard rate cut-off point of €40,000 next year. This would leave an individual or a married couple better off to the tune of €500 a year. I'm not hung up on that and I never have been. 'And I think that in Ireland people have to pay the highest rate of income tax on very modest incomes. But I'm determined that we should. According to the papers, if a 30% band were introduced to cover income between €36,800 and €46,800, it would lead to a tax saving of €1,000 a year for individual taxpayers.

When asked if the 30% tax bracket would be introduced in Budget 2024, Varadkar said that he wanted to help people deal with the rising cost of living through ...

“We’re getting to [a standard rate cut-off point] of €40,000 next year. “That will help working people with the cost of living, which is really important. While he said that this would likely tax “a few Budgets”, he said that it should either be done through increases to the standard rate cut-off point or with a middle income tax bracket. And I think that in Ireland people have to pay the highest rate of income tax on very modest incomes,” Varadkar said. The policy objective that I have set is that we should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax.” More than 5,000 readers have already pitched in to keep free access to The Journal.

The Taoiseach proposed a new middle rate tax band earlier this year to help the country's squeezed middle earners.

“It might take a few budgets to get there. “The policy objective that I have set is that we should get to the point where people can earn up to €50,000 a year without having to pay the highest rate of income tax. Leo Varadkar said he is “determined” to make policy changes to ensure people can earn up to €50,000 a year without having to pay the highest rate of income tax.

The Taoiseach Leo Varadkar has indicated he would like to see people earning less than €50000 per year, paying the lower rate of tax.

"We should get to the point where people can earn up to €50,000 a year, without having to pay the highest rate of income tax," said Mr Varadkar. Mr Varadkar said he would like to ease income tax for people over the remainder of the Government's term. The Taoiseach Leo Varadkar has indicated he would like to see people earning less than €50,000 per year, paying the lower rate of tax.