CivilPartnership Tax Bill to be Enacted before Dáil Summer Recess
It was noted in the Dáil debates this week that a Billproviding for the necessary taxation measures under the Civil Partnerships Act
2010 will be put before the Dáil shortly. It is expected to be enacted before
the summer recess of the Dáil.
CommitteeStage of Finance Bill Scheduled for 7 June
The Committee Stage of the Finance (No. 2) Bill 2011 isordered for Tuesday 7 June. The second stage in the Dáil took place last week.
In the second stage speech of the Finance (No. 2) Bill 2011 theMinister for Finance noted:
- Thatthe forthcoming Social Welfare Bill which will include legislation for
reduction in Employer’s PRSI, halvingthe rate of employer’s PRSI until end-2013 on jobs that pay up to €356 per week,
will be published in early June. This measure will take effect from 1 July
- The existing EmployerJob (PRSI) Incentive Scheme willremain in place until the end of this year so that enterprises and businesses
that had planned to take on staff under this scheme in that period may continue
to do so.
- TheSocial Welfare Bill will also legislate for the abolition of the charge to Employers’ PRSI on Share-Based Remuneration witheffect from 1 January 2011. The imposition of this charge on employers
needlessly increases the costs of doing business in Ireland and has the
potential to negatively affect current employment levels and future investment
decisions. Businesses operate under strict budgetary control in the current
economic climate and increasing their costs is unwise.
Please contact Frances Nolan for further information.
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