Are you paying less tax than you did 10 years ago?

Irish families now have lowest tax burden in last decade as inflation rises

Tax savings made in the years since austerity ended could be wiped out this year, unless the Government takes action next week. Photograph: iStock

Tax savings made in the years since austerity ended could be wiped out this year, unless the Government takes action next week. Photograph: iStock

Take a look back at personal taxes over the past 10 years and it’s clear that, despite the stress the Covid-19 pandemic has placed on public finances, the tax burden facing Irish families is considerably lighter than it was 10 years ago, when austerity was the only game in town.

More than that, Irish families are now facing the lowest tax burden on their incomes than at any other point over the past decade.

The Irish Times
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