Archive for December, 2012

Budget 2013 to Cost Typical Middle Ireland Family Over €2,100 per Annum

Based on a dual income family with three children (one in college), two cars (2.0l and 1.6l) and living in a house worth €425,000 the impact of the FG/Lab Budget on them is as follows:

 

Removal of PRSI Allowance €528.32
Reduction in Child Benefit €456.00
Increase in College Registration Fee €250.00
Motor Tax Increase on Two Cars €86.00
Property Tax €665.00
Increase in DPS Threshold €144.00
Total Cost €2,129.32
Total Cost Per Month €177.44

 

Property Tax cost is the increase over the household charge, DPS is yearly cost of increasing threshold by €12 per month

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