41.56 F
London
December 14, 2024
PI Global Investments
Finance

Finance Minister Michael McGrath plans to ease cost of living and income tax burden


Improved welfare package also on cards as finance minister attacks Sinn Féin for being ‘anti-enterprise’

Finance Minister Michael McGrath. Photo: Getty

Finance Minister Michael McGrath wants the next budget to focus on permanent cost-of-living supports rather than emergency one-off payments that were introduced to tackle record levels of inflation.

Speaking to the Sunday Independent, the minister said he intends to increase the entry point for the top rate of tax while also cutting the Universal Social Charge (USC).



Source link

Related posts

Ocuphire Pharma Announces Financial Results for Fourth Quarter and Full Year 2023 and Provides Corporate Update

D.William

Sing Investments & Finance’s (SGX:S35) Dividend Is Being Reduced To SGD0.06

D.William

K9 Finance DAO (KNINE) Is Now Available for Trading on LBank Exchange

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.