From: Using the EU-SILC to model the impact of the economic crisis on inequality
Year | Main structural changes |
---|---|
2008 | Increase in social welfare payments above CPI |
Increases in limits for mortgage interest | |
2009 | Introduction of a Pension Levy for Public Servants |
Social Welfare rates increased (ahead of CPI) | |
Halving of Child Care Supplement | |
Introduction of an income levy | |
Increase in the standard rate bands | |
Minor Adjustments to mortgage interest relief | |
2009 Suppl. | Reduction in Social Welfare rates for the young unemployed |
Reduction in the duration of mortgage interest to 7 years | |
Doubling rates of income levy and adjust bands | |
Doubling rates of health levy and adjust bands | |
Raise PRSI ceiling | |
2010 | Cessation of the Child Care Supplement |
Reduction in Child Benefits | |
Reduction of Public Servant Pay | |
Reduction in working age social welfare benefits | |
2011 | Second homes tax Reduction in Child Benefits |
Reduction in working age social welfare benefits | |
Reduction in pay of new entrants to the public service | |
Reduction in public service pensions | |
Replacement of income and health levy with the Universal Social Charge, which has a broader base | |
Reduction of bands and credits by 10% | |
Removal of ceiling for PRSI for contributions | |
Restriction of relief for PRSI for pension contributions | |
2011 Jobs initiative | Reduced Employer’s PRSI |
2012 | Change to Mortgage Interest Relief deduction rate |
Change to the exemption level for the Universal Social Charge | |
Introduction of a Household Charge (Flat rate property tax) | |
Changes to rates of child benefit | |
Ending of lone parent half payment for period of entry to labour market | |
2013 | Reduction in Child Benefits |
Household Property Tax | |
Some Changes to Benefits |