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Irish workers are hit with the top tax rate earlier

Irish workers earning €32,800 are being hit with our highest income tax rate of 41pc, while ...
Newstalk
Newstalk

15.23 26 Sep 2013


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Irish workers are hit with the...

Irish workers are hit with the top tax rate earlier

Newstalk
Newstalk

15.23 26 Sep 2013


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Irish workers earning €32,800 are being hit with our highest income tax rate of 41pc, while our counterparts in Britain don't meet the highest rate until a person earns €183,235.

In France, the top tax rate does not apply until a person earns over €186,749, while in the USA, the figure is €300,000.

The Irish Tax institute has reported that the Exchequer's overall income tax take has increased by €1.5bn since 2008, despite the fact that there are 300,000 fewer workers in the Irish economy.

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Mark Redmond, CEO of the Irish Tax Institute, joined Pat on the programme to discuss how Irish workers are hit with the highest tax rates on much lower levels of income. 

Listen back here:


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