The real devil will be in those details

We already know about the Vat hike, but the government is likely to have a few more shocks in store as it aims to raise €3.8 billion this week, writes Emma Kennedy, Personal Finance Correspondent.

4th December, 2011

In a budget where the government has a €3.8 billion hole to fill, it is fair to say that almost everything is on the table. The following list of possibilities is certainly not exhaustive, and households should be prepared for a few surprises.

Figures from the Irish Tax Institute estimated that a family with two average incomes had already seen their monthly income fall by €613 over the last four budgets, due to income tax...

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