Nefrayu

joined 1 year ago
[–] Nefrayu 1 points 1 year ago

Yeah after about €70k there is a higher rate of USC. The 52% includes PAYE, PRSI and USC at the highest bands for a regular employee.

[–] Nefrayu 2 points 1 year ago (2 children)

In Ireland it’s about 48% on everything above €40k, then 52% above €70k.

That by itself could be misleading though, the overall effective tax rate for someone on €40k is 18%, around 30% at €70k. The thresholds will rise next year.

[–] Nefrayu 48 points 1 year ago (5 children)

Ah the dangers of Google translate and synonyms. You got the wrong definition for right when translating to Irish, the one you have means correct, deis is the word for right (direction). Clé is left, the h appears in certain contexts for grammatical reasons.

[–] Nefrayu 1 points 1 year ago

Demand does change the price. You can see the price drop during economic downturns. Supply and demand are two sides of a single equation. It simply doesn’t make sense to say that only one impacts prices.

Prices had been dropping recently despite KSA reducing supply, until the attacks in Israel that is.

[–] Nefrayu 3 points 1 year ago* (last edited 1 year ago) (2 children)

Is not a monopoly though, yes there are cartels but it’s not a monopoly. The less demand there is for oil the less power OPEC has to manipulate prices. They will be left scrambling to supply the remaining demand. Supply and demand isn’t a myth, OPEC simply manipulate supply to influence the price.

[–] Nefrayu 1 points 1 year ago* (last edited 1 year ago)

* in the UK and Ireland. For historical reasons every book published in Ireland has to send a copy to the British library.

Similarly, the Trinity College Library in Dublin is entitled to receive a copy of every book published in the UK, on request.

[–] Nefrayu 1 points 1 year ago

You can do that in Ireland too. For health insurance the insurer handles the tax and takes it off what they charge you. For charities if you donate over a certain threshold the charity gets to claim back the tax you paid for themselves. For ongoing things you inform Revenue and they let your employer know to collect less tax. Then for other things you just tell Revenue and they refund you.

[–] Nefrayu 15 points 1 year ago* (last edited 1 year ago) (4 children)

Oh that sounds somehow more annoying than just having to pay it yourself, seeing as you have to do the calculations yourself anyway.

To be fair it possible to be owed a refund or owe extra tax in Ireland too. If you changed jobs and didn’t inform Revenue they won’t apply tax credits until they know the full story for example. You never have to calculate how much you owe or are due though, at least not for an individual. You just tell them what your salary is, or if you’re claiming a credit.

[–] Nefrayu 45 points 1 year ago* (last edited 1 year ago) (8 children)

In Ireland and I believe most other European countries the tax is just taken out of your salary/wage by your employer and sent to Revenue. So unless you do something taxable outside of a normal wage you largely don’t need to worry about it.

[–] Nefrayu 7 points 1 year ago

You only have to pay for this mod once.

An artist isn’t going to continue making modifications to a painting once you’ve bought it, not unless you pay them to do so. Presuming they aren’t feeling generous with their time.

[–] Nefrayu 1 points 1 year ago

Car-parking provision for new housing developments should be “wholly eliminated” at locations that have good access to urban services and public transport

This is already the plan. The policy will only be for areas that have decent public transport. Developments further away will still have parking.

[–] Nefrayu 1 points 1 year ago* (last edited 1 year ago)

Salmonella vaccination isn’t standard practice in Ireland due to low prevalence of the infection. There’s effectively no salmonella on Irish eggs for sale. As far as I understand it anyway.

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