Tax Band Review and Carbon Tax Shift | Limerick News

Ireland’s tax system is under review as Tánaiste Simon Harris pushes to raise the threshold for the higher tax rate from €44k — calling it too low and proposing a tweak in the upcoming budget to ease pressure on working families. He highlights progress since 2015, when the threshold was at €33k, but argues more alignment with global standards is needed. The broader budget, currently set at €1.5bn, could grow if new revenue sources like a bank levy or higher cigarette taxes are introduced. Meanwhile, the government is reconsidering carbon tax hikes amid soaring energy prices, weighing environmental goals against household cost relief — all while navigating complex trade-offs in the budget planning process. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/78ddec2f9018b2f2