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Ireland - Finance
Ireland has adopted the Euro, fixed at the rate: Irish Pounds 1=
1.27 Euros.
Ireland's income tax rates are lower than most of its EU counterparts,
thanks to reductions in recent years. The budget of 2001 reduced
taxes but also caused the EU to formally
reprimand Ireland for implementing a budget which is seen as
being out of line with EU policy. The HR Department of your
new company in Ireland should be able to tell you all you need to
know about tax rates; or you can have a look at the Revenue
Commissioner's site. For a quick idea of how much you'll
earn and how much tax you'll pay, check the currency
calculator and the tax
calculator.
Ireland also has one of the lowest rates of corporation tax in Europe
which is a major attraction for foreign investment.
Learn about PRSI (Pay Related Social Insurance) at the Department
of Social Welfare.
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