Seanad debates

Wednesday, 3 December 2003

Order of Business. - Budget Statement: Motion.

 

The Government has made substantial progress in lifting the burden of tax on jobs and enterprise and is committed to continuing this successful strategy. This year, the Minister has targeted our limited resources towards those on low pay by increasing the employee tax credit by €240 to €1,040 per annum. This measure means 90% of the minimum wage will continue to be free of tax and will remove 39,200 taxpayers from the tax net. The first €246 per week earned by a single worker will be tax free.

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