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Here's where your taxes are going in 2015

So - Budget 2015 has been published, the votes cast in the Dáil, and now the government tries to get...
TodayFM
TodayFM

11:28 AM - 15 Oct 2014



Here's where your taxes ar...

News

Here's where your taxes are going in 2015

TodayFM
TodayFM

11:28 AM - 15 Oct 2014



So - Budget 2015 has been published, the votes cast in the Dáil, and now the government tries to get back to running the country.

But what's left? After everything's been sorted, where is your money going?

We're trying to answer that question - by showing you EXACTLY where your taxes will go next year. 

Obviously it's difficult to tell everyone where every single cent of their taxes goes - because everyone earns different amounts, and everyone pays different amounts of tax depending on their circumstances.

But we've tried to work out the figures, based on what the average person earns, and what the average person pays in tax.

By way of explanation: these figures are based on the CSO's most recent stats on average earnings - the average person earns €688 a week, which works out at €35,784 in a year.

We then turn to taxcalc.ie, which tell us that if you're single, live in a three-bedroom house in Dublin (which Daft.ie says is worth €350,000), and you're getting a 15% cut in your property tax next year, you pay €7,907 in taxes of various kinds next year. (Obviously this doesn't include the extra money you'll give the government through VAT and excise duty over the course of 2015.)

So, if you pay taxes of €7,907, this is where the money goes:

  • HSE funding: €1,623.95 
  • Social welfare spending: €1,396.04 
    Made up of:
    - Income supports: €421.11
    - Children's allowance: €295.26
    - Illness, disability and carers: €255.21
    - Employment supports: €133.31
    - State pensions: €115.36
    - Supplementary payments: €84.10
    - Admin: €61.30
    - Subvention to the Social Insurance Fund: €30.39
  • Interest on the national debt: €1,036.10 
  • Education and Skills: €1,034.87 
  • Social Insurance Fund: €982.61 
  • Ireland's contribution to EU budget: €220.52 
  • Transport, Tourism and Sport: €199.22 
  • Garda Síochána: €174.69 
  • Agriculture, Food and the Marine: €150.32 
  • Environment, Community and Local Government: €141.77 
  • Children and Youth Affairs: €123.74 
  • Jobs, Enterprise and Innovation: €96.17 
  • Defence: €82.80 
  • International co-operation and aid: €58.34 
  • Pensions and allowances for (some) retired public servants: €58.07 
  • Government subsidy to local councils (via property tax): €53.66 
  • Communications, Energy and Natural Resources: €50.11 
  • Office of the Revenue Commissioners: €48.77 
  • Office of Public Works: €47.81 
  • Justice and Equality: €45.05 
  • National Training Fund: €44.35 
  • Prisons: €39.88 
  • Arts, Heritage and the Gaeltacht: €33.57 
  • Army Pensions: €27.07 
  • Foreign Affairs and Trade: €25.51 
  • Health: €25.22 
  • Oireachtas budget (including TD and Senators' pay and allowances): €13.72 
  • Courts Service: €13.06 
  • Central Statistics Office: €6.60 
  • Shared services public payroll system: €5.38 
  • Public Expenditure and Reform: €4.93 
  • Salaries, allowances, pensions for public office holders: €4.90 
  • Director of Public Prosecutions: €4.71 
  • Property Registration Authority: €3.76 
  • Office of the Minister for Finance: €3.73 
  • Chief State Solicitor's Office: €3.47 
  • Election expenses: €2.94 
  • Department of the Taoiseach: €2.68 
  • International Development Association: €2.57 
  • Office of Government Procurement: €2.39 
  • Office of the Attorney General: €1.90 
  • Office of the Comptroller and Auditor General: €1.50 
  • Valuation Office: €1.24 
  • Office of the Ombudsman: €1.12 
  • Guarantees to IBRC creditors following liquidation: €1.10 
  • State Laboratory: €1.07 
  • Public Appointments Service: €1.00 
  • Irish Human Rights and Equality Commission: €0.77 
  • Payments to political parties: €0.61 
  • Office of the President of Ireland: €0.43 
  • Election postal charges: €0.37 
  • Asian Development Fund: €0.37 
  • Payments to PSE Kinsale Energy Ltd: €0.25 
  • Secret Service: €0.12 
  • Office of the Appeal Commissioners: €0.10 


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