Oireachtas Joint and Select Committees

Wednesday, 20 September 2017

Committee on Budgetary Oversight

Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland

9:00 am

Dr. Tom McDonnell:

What they would call income tax, employee social security contributions and employer social security contributions are added together and calculated as a percentage. Those three as a percentage of labour costs amount to 54%.