Average worker to gain €800 a year from tax changes that have come into effect – TheLiberal.ie – Our News, Your Views

Average worker to gain €800 a year from tax changes that have come into effect




The average employee could receive up to €800 a year when changes to income tax come into force tomorrow as part of the 2024 budget, reports The Mirror.

A package of taxes on employee income worth EUR 1.3 billion and solutions supporting companies will be introduced, the Minister of Finance confirmed yesterday.

Michael McGrath said changes to main tax credits, USC rates and standard rate cut-off points would help two million income tax payers, reports The Mirror.

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