Irish workers enjoy some of lowest tax rates in EU

IRELAND’S status as a low-tax economy has been confirmed with a new report on taxation in the EU which shows Irish workers enjoy some of the lowest income tax rates anywhere in Europe.

However, it also shows that any benefit for Irish consumers from the Government’s low income tax policy is largely offset by Ireland having one of the highest tax rates on goods and services within the EU.

The study by Eurostat, the EU Statistical Office, reveals that tax revenue in the Republic is just over 30% of GDP.