Noonan to ease the tax burden on self employed workers

Noonan to ease the tax burden on self employed workers

Minister for Finance Michael Noonan is planning to reduce the tax burden on self-employed people in the forthcoming budget.

The issue is due to be discussed this week by the powerful Economic Management Council, with the aim of including it in the government’s forthcoming ‘Spring Statement’ on its future economic plans.

It comes after repeated complaints that self-employed people are paying more tax than PAYE workers. One of the main reasons is that they do not receive the PAYE tax credit, which means they start paying income tax at €8,250 compared with €16,500...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post