The government is preparing to double the income levies introduced in last year’s budget as part of the package of measures in its supplementary budget on April 7. This would leave the new levies at 2 per cent, 4 per cent and 6 per cent, depending on a taxpayer’s income.
At the moment, the levy is charged at 1 per cent on incomes up to €100,000, 2 per cent on the balance up to €250,000,...
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