Main Points of Budget 2015 - •Standard Tax Rate Band increased by €1,000 •Reduction of 41% top tax rate to make work pay •USC (Universal Social Charge) rates cut, threshold raised to €12,020 •Pension Levy cut from 0.75% to 0.15%, to be abolished by end 2015 •12.5% Corporation tax protected & new Knowledge Development Plan launched •Social Welfare ‘trap’ tackled - certain supports now taper off •Retention of 9% VAT Rate for Tourism Industry •No increase in Excise Duty seankyne.ie/budget-2015-rewards-work-protects-the-vulnerable-and-safeguards-our-economic-recovery/
Posted on: Tue, 14 Oct 2014 15:06:56 +0000
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