The introduction of a "mansion tax" means that from tonight, stamp duty on properties worth over €1.5 million will rise to 6%, affecting high-value homeowners.
The abolition of the Motor Insurers Insolvency Compensation Fund levy will greatly benefit 2.2 million policyholders starting from January 2025, reducing their insurance costs.
With the VAT on heat pump installations reduced to 9%, this initiative aligns with the government's goals to revamp Ireland's housing towards sustainability and energy efficiency.
The increase in personal tax credits to €125 and the Small Benefit Exemption limit to €1,500 are part of a broader effort to support personal income amidst tax package changes.
Collection
[
|
...
]