Minister @paschald To ease the burden facing low and middle income earners, I am again increasing the entry point to the higher rate of income tax for all earners by €750, raising it from €34,550 to €35,300 in the case of a single worker. #Budget19
I am making some modest changes to give a particular support to minimum wage workers, all of which will take effect from 1 January 2019. #Budget19
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The hourly minimum wage will be increased to €9.80 following the recommendation of the Low Pay Commission;
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The ceiling of the second USC rate band will be increased from €19,372 to €19,874 in order to ensure that the salary of a full-time worker on the minimum wage will remain outside the top rates of USC; and
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The weekly threshold for the higher rate of employer’s PRSI will be increased from €376 to €386 to ensure that there is no incentive to reduce working hours for a full-time minimum wage worker.
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