Taoiseach hopes for further ‘progress’ on tax rate bands in upcoming budget

The Fine Gael leader suggested more cuts to USC rates and moves on inheritance tax would also be under consideration

In his latest comments on the potential shape of October’s budget, the Taoiseach said he hoped the Government could make further progress on increasing tax thresholds. File Picture: Eamonn Farrell/ RollingNews.ie

Simon Harris has expressed confidence that the Government will be able to make further progress increasing the higher tax band threshold in the budget.

At the Fine Gael ard fheis in April, Mr Harris restated an ambition to raise the threshold to €50,000 and promised to further reduce the Universal Social Charge (USC) burden on low and middle-income earners.