The CGT rate increase of 3% to 25% is mirrored by the 3% raise in the CAT rate and a rise in DIRT by 2% from 23% to 25%. As a result a similar rate applies across the three taxation areas which cover sources of incomes based on assets and savings. This is part of the base broadening process which this Government started in budget 2009 when these rates were also increased. Change of this nature helps to ease the additional tax requirements on labour and consumption by increasing taxes on wealth and on sources of wealth.

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