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Budget 2018

The main changes in Budget 2018 affecting payroll are as follows:

  • Standard rate tax band increased by €750 
  • Earned income tax credit for Directors increased to €1,150 
  • Home carer tax credit increased to €1,200 
  • USC rates reduced and small increase in 2% band 
  • Minimum wage increased to €9.55

For further details on changes in Budget 2018 affecting payroll, please contact Rose Bracken.

Return to Payroll Newsletter - Winter 2017