Self employed and proprietary company directors should support the ISME campaign to stop the unfair and discriminatory tax treatment levied on these groups.
Get writing to the Taoiseach: http://isme.ie/lobbying/current-issues
Employees are entitled to claim an additional tax credit (currently €1650). The credit is not available to Self-employed or their spouses or civil partners, if paid. This alone means self-employed pay €32 per week more than employees.
Recent Revenue figures show there are 105,000 self-employed on less than €50,000.
Why then must a self-employed single person on an income of €15,000 pay 8 times more tax than her employee on the exact same income and also have a lower entitlement to social welfare benefits.
Now on top of the extra tax, the self-employed suffer a minimum charge of €500 PRSI and pay 4 per cent of our income; employees pay no PRSI if their income is under €352 per week and a percentage thereafter
Make this ‘the best small country to do business’.