The much-anticipated 2023 Budget has been announced by Minister for Finance Paschal Donohoe and Minister for Public Expenditure Michael McGrath - two weeks earlier than initially expected.
Amongst the new measures included in Budget 2023 are increased tax-rate bands, credits to tackle the rising cost of energy and enhanced tax reliefs for landlords and renters.
The government has increased the higher rate tax band to €40,000. This means that workers can earn more money before paying tax at the higher 40% rate.
The Employee, PAYE & Earned Income Tax Credits were all increased by €75 also.
There is also additional tax relief for landlords and renters,
But has Budget 2023 really boosted your bank balance?
At Taxback.com, we have launched our Budget 2023 calculator to help you understand how the Government's announcement affects you.
This free calculator will not only indicate how much you will save as a result of the budget, but also let you know if you may be due a tax refund!
Why not check it out below?
Taxback.com's FREE-TO-USE Budget Calculator!
By using the free Taxback.com Budget 2023 calculator, you can quickly get a clear picture of exactly what the Government announcement means for your pocket.
The calculator is easy to complete. All you need to do is fill out the short form below.
This will involve answering simple questions regarding your income, employment and other personal circumstances.
The Taxback.com calculator will then outline exactly how Budget 2023 has affected your take home pay. It will also analyse your tax profile and provide you with a quick tax refund estimation.
How to claim a 2022 Irish tax refund
Taxback.com is the easiest way to claim your 2022 Irish tax refund.
The budget announcements could impact how much tax you are due back.
Why not fill out this quick and easy form to estimate how much you are due back?!