‘Squeezed middle’ promised ambitious tax cuts by Fine Gael and Fianna Fáil
Top rate entry points set to rise to €44,000 in last coalition budget ahead of next election
Tax cuts for middle income earners are to be prioritised as the entry point to the top-rate of tax is set to rise to at least €44,000 in this government’s final budget, senior coalition figures have confirmed.
Five days into Taoiseach Simon Harris’ tenure, both Fine Gael and Fianna Fáil have moved this weekend to make clear that October’s budget will contain “very significant” tax changes to “allow people keep more of their money”.
The Business Post can reveal that tax changes to help lower to middle-income earners, a focus on reducing the Universal Social Charge, further energy credits, and an increase in the old age pension will form the bedrock of this year’s budget.
