Key Points From Budget 2015

Key Points From Budget 2015

October 15, 2014

UHY Farrelly Dawe White have published their Budget 2015 Highlights, and here are five of the key points:Budget-thumbnail

1. The 0.6 per cent pension levy will end in 2014, and the additional 0.15 per cent levy will expire at end of 2015

2. A refund of DIRT on interest on savings (up to a maximum of 20% of the house purchase price) used by first time house buyers towards the deposit on a home is being introduced

3. The marginal rate of Income Tax is being reduced from 41% to 40%

4. Income tax relief at 20% will be provided on Water Charges, up to a maximum of €500 per annum.

5. New USC rate of 8 per cent for those earning over €70,000, and 11 per cent for self-employed people earning more than €100,000

Download the full guide here.


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