herald

Monday 11 December 2017

PAYE rates 'out of sync'

budget

The Government should set out a timetable for reducing the marginal personal tax rate below 50pc in next month's budget, the Irish Tax Institute has said.

Institute president Andrew Gallagher said Ireland's personal taxes are "out of sync" globally, especially with countries competing with Ireland for foreign direct investment.

He called on the Government to make Ireland more attractive to multinationals by pursuing "targeted relief" for executives.

Finance Minister Michael Noonan will deliver the Budget on October 14.

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