Wednesday February 26, 2020

The Tax Take

Increasing the national wage while pushing more of the tax burden up to the top 20 per cent of taxpayers will not provide a sustainable tax base

26th July, 2015
2
Too high? Credit: Photocall

The report of the Low Pay Commission has brought the minimum wage back into the spotlight. No matter what national minimum wage rate is finally adopted, any increase is not likely to affect the tax position of many of those who earn it. If the mooted rate of €9.15 per hour does go ahead, a single person would have to work for over 34 hours a week, every week, before their personal and PAYE tax...

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