Thursday June 4, 2020

Varadkar warns high income taxes could cost state Brexit jobs

Fine Gael is seeking to increase the point at which the higher income tax rate of 40 per cent is levied

1st October, 2017
Minister for Finance and Public Expenditure &; Reform, Paschal Donohoe TD and An Taoiseach Leo Varadkar TD Pic: RollingNews.ie

Taoiseach Leo Varadkar has said that high personal income taxes are holding Ireland back from attracting post-Brexit jobs from London.

His remarks come as Fine Gael is seeking to increase the point at which the higher income tax rate of 40 per cent is levied from the current €33,800 in the budget in nine days’ time.

No deal has yet been done with Fianna Fáil, which instead wants to cut the universal social charge (USC)...

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