Irish Budget 2012

newstalk ebow BUDGET 2013 HOW IT ALL ADDS UP UNIVERSAL SOCIAL CHARGE SELF EMPLOYED -/+ NO CHANGE BELOW 100,000 NO CHANGE VAT 23% NO CHANGE -/+ ABOVE 100,000 NO CHANGE -/+ CHILD BENEFIT REDUCED OLD AGE PENSION NO CHANGE -€10 -/+ PER MONTH 1st, 2nd & 3rd children will get €130 (down €10), 4th & subsequent will get €140 (down €20) +€1 +10c +10c PER BOTTLE PER PINT WINE BEER CIGARETTES MOTOR UP BETWEEN €14 AND €94 TAX DEPENDING ON ENGINE SIZE Cars registered before 2008 increase 7.5% across the board. Newer cars increase up to 25%, based on emissions STUDENT UP €250 PER YEAR FOR FEES THE NEXT 3 YEARS PROPERTY TAX CHARGE HOMES VALUED MORE THAN €1M 0.25% HOMES VALUED LESS THAN €1M 0.18% FIRST TIME BUYERS EXEMPT UNTIL 2016 DIRT PRSI 33% [SAVINGS] 3% INCREASE SELF EMPLOYED MIN LEVEL OF CONTRIBUTION Deposit Interest Retention Tax (D.I.R.T.), is deducted at source by deposit takers (e.g. banks, building societies, Credit Unions, Post Office Savings Bank) from interest paid or credited on deposits. UP €247 TO €500 EMPLOYED PRSI-FREE ALLOWANCE ABOLISHED (WORTH €127) GOVERNMENT DEPT BUDGETS HEALTH EDUCATION WELFARE JUSTICE -€300m -€100m -€600m -€100m www.newstalk.ie Infographic by digital agency ebow | www.ebow.ie