Boost for low earners likely in Budget

Income earners who earn less than the average working wage but who get hit with the top rate of tax are likely to see major reliefs in October’s Budget, it is expected.

There is a strong desire within the Government to reduce the burden of income tax on low-to-middle income earners and increasing the entry point appears to be a favoured option.

This is because workers in Ireland begin paying the top rate of income tax much earlier than workers in many other developed countries.