debt is tax in the future which has to be paid back
colm McCarthy said that pension should be raised 10 years to at least 78/80 years to balance the
books. how many people will live to claim it . not many I say .
you pay at moment
PAYE
PRSI
Universal Social Charge
will pay
health insurance
property tax
water tax
pension tax
income tax comes from the napoleon wars with great britian it was a temporary tax to help pay
for the war. have the beaten napoleon yet.
prsi is a social insurance fund you get free dental treatment however last government withdrew this
so now you get zip.
universal social charge comes from 2008 crisis banking and was brought in as a temporary measure only think it is ever leaving
new property charge was is brought to balance the books replace the stamp duty to fund the local councils currently in the uk it is 1000 sterling for your basic house. Ireland charge is cheaper but once its in it will go up to around 1000 a year .
stamp duty is what you pay when you buy your house at set rate of 1% which did not leave when property charge came in I think it was 10% at boom
coming soon ?????
water rates are coming in in 2014 1000 euro it will be at a set rate and if you use more than set rate you pay more
pension tax at 15% of your wages coming soon to your pay packets
health tax everyone in Ireland must buy health insuranceto get free gp care like car insurance