Posts by Kamila Rapa
Budget 2025
A €1.4 billion tax package, reducing income tax and USC, with the average worker set to save around €1,000. Social welfare increases: A €12 weekly pension hike, and enhanced payments for jobseekers and carers Rent tax credit rises to €2,000 for renters Double child benefit payments in November and December Education: €500 cut in third-level fees and extended free…
Read MoreAuto-enrolment Pension Scheme
Auto-enrolment is a new pension savings scheme for certain employees who are not paying into a pension. They will be automatically included in the scheme but can opt out after 6 months. Auto-enrolment is expected to be introduced in January 2025. Under the scheme, the employee, employer, and Government all pay a certain amount into…
Read More