New rate of tax to help middle-income earners under consideration for budget 

While is widely expected the threshold for entering the higher rate of income tax will increase, the introduction of the extra 30% tax rate has not yet been ruled out

Finance Minister Paschal Donohoe and Housing Minister Darragh O’Brien at a site visit to the new development of social housing at O’Devaney Gardens in Dublin on Friday. Picture: Colin Keegan, Collins 

A third rate of tax to help middle-income earners is still being considered for inclusion in the upcoming budget.

Finance Minister Paschal Donohoe is finalising a review of how a third, middle rate of income tax would work and how it could be implemented after being requested to do so by Tánaiste Leo Varadkar.