Emma Kennedy on the tax implications of Budget 2018

Emma Kennedy on the tax implications of Budget 2018

People scrutinise budgets for the impact on their purse -- but don’t get too excited

The 2016 programme for government document promised to deliver tax equality for the self-employed, with a commitment to bring the earned income tax credit in line with the existing €1,650 tax credit for PAYE workers.

That was supposed to happen by 2018, but the self-employed will have to wait a little longer for parity.

In his first budget speech today, Minister for Finance Paschal Donohoe increased the earned income credit by €200. For 2018, the credit will stand...

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