News | 1 week ago
If you're a middle income earner in Ireland, the budget is set to bring some very good news
Will there be more money in your pocket?

If you're a middle income earner, there could be a lot more money in your pocket.

Taoiseach Leo Varadkar is set to indicate some good news for people on middle incomes in the next budget, with the government set to increase the entry point on the higher rate of tax.

The need to benefit those on average salaries formed a key part of Varadkar's recent leadership contest against Simon Coveney, and Minister for Finance Paschal Donohoe has indicated that he is prepared to raise the entry points and also widen tax bands.

Currently, single people start paying the 40% higher tax rate on earnings above €33,800. For married couples, the entry point is €42,800.

Donohoe told Today with Sean O'Rourke that the government needs to ensure that those on average salaries do not pay higher tax rates.

Next week, Fine Gael's 50 TDs, 19 senators and four MEPs will all meet in Clonmel, Co. Tipperary for a Parliamentary Party gathering ahead of the return of the Dáil.

According to RTÉ, as well as their commitment to put more money in the pockets of those on middle incomes, Varadkar and his government is planning to increase increase overseas development aid, which currently stands at €650m this year.

While you're here...


Why not hit play on the video below to let funnyman Fred Cooke woo you with his sexy French accent, Dara Dynamite ditches the Speedos to become a Kingsman, Mayo band Flat Out put the woe of the All-Ireland Final behind them to perform the Magic Cover and Justine Stafford takes to the streets to find a date for the Debs.

We also caught up with the cast of Kingmsan: The Golden Circle – Taron Egerton and Mark Strong – as well as the stars of new Irish film Maze – Barry Ward and Nidge himself, Tom Vaughan-Lawlor (and his wonderful hat).

It's all jam-packed into this week's episode of The JOE Show, so what are you waiting for?

Check it out right here...

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