Level of entry into income tax system increased

On income tax Minister Cowen aimed to keep as many low income earners as possible out of the income tax system.

On income tax Minister Cowen aimed to keep as many low income earners as possible out of the income tax system.

A single person will not become subject to tax bands until they earn €18,300, up from €17,300.

The cost of his income tax and PRSI measures is estimated to be €432m for 2008.

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