All the updated news related to incomes

All the news related to incomes updated in real time

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£2 taken from households in ‘stealthy’ freezes for every £1 in tax cuts – IFS

Households will lose more from “opaque and stealthy” freezes over the next three years than they will gain from headline tax cuts on average, according to the Institute for Fiscal Studies (IFS). By 2025–26, the freezes will take away £2 for every £1 ...

06 Oct 2022 at 01:01

Chancellor again declines to say if benefits will rise in line with inflation

The Chancellor has again declined to say whether benefits will be increased in line with inflation, as the Government U-turned on plans to cut the top rate of income tax for the highest earners. Kwasi Kwarteng said he is “not committed to any ...

03 Oct 2022 at 16:33

Chancellor under pressure to back benefits increase

Kwasi Kwarteng risks a fresh battle with Tory MPs over benefits funding after being forced into a humiliating U-turn on plans to cut tax for top earners in the face of a revolt by party grandees. The Chancellor said he is “not committed to ...

03 Oct 2022 at 19:40

Tories warn Scots will be ‘left behind’ without income tax cuts by SNP ministers

Tories have warned that Scotland risks “being left behind” if SNP ministers at Holyrood fail to match the tax-cutting proposals being introduced in the rest of the UK. While SNP Westminster leader Ian Blackford condemned as “nonsense” ...

25 Sept 2022 at 13:15

Scottish Government will continue its ‘fairer’ approach to tax, says minister

The Scottish Government will continue to pursue a “fairer and more progressive approach to taxation”, one of Nicola Sturgeon’s ministers has said. Richard Lochhead spoke out as Tories in Scotland urged SNP ministers in Holyrood to ...

24 Sept 2022 at 16:31

Local News

People in Waterford on lower incomes hit with higher inflation

Households in Waterford and across Ireland with the lowest incomes faced higher inflation than those with the highest income, according to figures released by the Central Statistics Office (CSO). Compared with the annual Consumer ...

06 Jun 2022 at 20:33

Local News

People in Carlow on lower incomes hit with higher inflation

Households in Carlow and across Ireland with the lowest incomes faced higher inflation than those with the highest income, according to figures released by the Central Statistics Office (CSO). Compared with the annual Consumer ...

06 Jun 2022 at 20:33

Raising NI threshold ‘will soften financial blow of health and social care levy’

Raising the threshold at which people pay national insurance (NI) will help soften the financial blow from the new health and social care levy, experts said. But some said measures announced in the spring statement will only ...

23 Mar 2022 at 15:55

Local News

Basic Income for the Arts pilot scheme now open for artists in Carlow

Applications for the Basic Income for the Arts pilot scheme are now open through the online portal at gov.ie/BasicIncomeArts. The scheme is being run by the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media. ...

16 Apr 2022 at 12:33

Local News

'We need to firmly grasp this opportunity' - Martin secures 3 year basic income arts scheme

A government commitment for a three year basic income pilot scheme for the arts has been secured. That's according to the Minister of Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin, who announced the ...

11 Mar 2022 at 22:33

How will the spring statement affect me?

Households were facing the biggest hit to their living standards since the 1950s as new support measures were announced on Wednesday. The Office for Budget Responsibility (OBR) outlined a short-term outlook where “real ...

23 Mar 2022 at 17:55

Donegal Life

Surge in calls to SVP as people struggle to meet rising cost of living

People are being pushed to the pin of their collar as the cost of living continues to surge with fuel, heating, groceries prices, energy bills, continuing to increase, according to a spokesperson for St. Vincent de ...

18 Feb 2022 at 16:33

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