Tax cuts worth €300m for lower and middle incomes expected in budget
Brexit fears mean less of a boost to pay packets than last year; USC cuts to be aimed at people earning under €70,000
A tax cuts package of around €300 million is expected in the budget for lower and middle-income earners through a combination of USC cuts and increases in the standard tax rate band.
Negotiations are continuing between Fine Gael and Fianna Fáil ahead of the budget on October 9 about how much can be afforded in tax cuts in the face of Britain’s potentially destabilising exit from the EU next March.
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