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Local Property Tax

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    #32
    Mr. Incognito
    Registered Users Posts: 9,798 ✭✭✭Mr. Incognito


    He is using online calculators.

    Put the income at 40,000 and you will see massive differences.


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    #33
    VichyPleb
    Registered Users Posts: 2 ✭VichyPleb


    This is the spreadsheet for the 30k income

    Yes I did take online calculators from various accountancy sites for the taxes.
    The electricity figures are incomplete but I do know that the standard rates for Ireland include PSO levies and a standard charge of 19c per kw discount deals to about 14c per kw but France charges 8c per Kw with lower levies.
    The numbers are based on my personal spend and yes on Irish tax rates you could not run a new car every 3 years but you can in the Canaries
    Many Dublin pensioners already own the homes worth 178k either through buying it or through inheritance

    BTW the figures at 60k per annum truly frightening



    Single Ireland Ireland UK France Canaries
    Public
    Service
    Euro Income 30000 30000 30000 30000 30000
    Euro Pay 23681 24681 23732 26566 25500

    Euro Tax 6319 5319 6268 3434 4500
    Income Tax rate % 21.06 17.73 20.89 11.45 15.00

    Vat rate % Food 4.8 4.8 0 5.5 3
    Vat rate % Restaurants 9 9 20 7 7
    Vat rate % General 23 23 20 19.6 9
    Vat on food spend of €5k 240 240 0 275 150
    Vat on Restaurant spend €4k 360 360 800 280 280
    Vat on General Spend €10k 2300 2300 2000 1960 900
    Total Vat on Spend 2900 2900 2800 2515 1330

    Property tax €178,000 property 315 315 1200 800 380
    Dirt on €3000 annual interest 1230 1230 600 630 610
    Car tax 570 570 206 0 60
    Tax on Diesel 300 litres 150 150 192 140 0
    Car Reg Taxes/Vat/etc 1965 1965 1346 633.3 0
    Health insurance 1300 1300 0 400 400
    Taxes on Water 55k ppp/a 140 140 40 53 0
    Pension Levy/Appropriation on €150k fund 1125
    Heating Taxes
    Electricity @ 4300kw p/a
    Electricity PSO 79.11 79.11

    Total Tax on Spend 12674 11549 9184 7686 4110

    Tax on living (Spend +Income) 18993 16868 15452 11120 8610
    Percentage of income
    taken as taxes 63.31 56.23 51.51 37.07 28.70


    Base price of a c4 15000 15000 15000 15000 15000
    Price of a c4 20895 20895 19038 16900 15000

    Dutytaxes on c4 1.9 hdi 5895 5895 4038 1900 0
    Dutytaxes on c4
    1.9 hdi / 3 years 1965 1965 1346 633.33 0



    I have taken whichever country has the lowest rate or tax as the base and deemed all figures in excess a hidden tax

    Like living on € €11,007 €13,132 €14,548 €18,880 €21,390
    Real Salary increase for leaving €2,125 €3,541 €7,873 €10,383
    % increase in living standards 0.00 16.18 24.34 41.70 48.54


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    #34
    Esel
    Registered Users Posts: 22,317 ✭✭✭✭Esel


    VichyPleb wrote: »
    This is the spreadsheet for the 30k income

    Yes I did take online calculators from various accountancy sites for the taxes.
    The electricity figures are incomplete but I do know that the standard rates for Ireland include PSO levies and a standard charge of 19c per kw discount deals to about 14c per kw but France charges 8c per Kw with lower levies.
    The numbers are based on my personal spend and yes on Irish tax rates you could not run a new car every 3 years but you can in the Canaries
    Many Dublin pensioners already own the homes worth 178k either through buying it or through inheritance

    BTW the figures at 60k per annum truly frightening



    Single Ireland Ireland UK France Canaries
    Public
    Service
    Euro Income 30000 30000 30000 30000 30000
    Euro Pay 23681 24681 23732 26566 25500

    Euro Tax 6319 5319 6268 3434 4500
    Income Tax rate % 21.06 17.73 20.89 11.45 15.00

    Vat rate % Food 4.8 4.8 0 5.5 3
    Vat rate % Restaurants 9 9 20 7 7
    Vat rate % General 23 23 20 19.6 9
    Vat on food spend of €5k 240 240 0 275 150
    Vat on Restaurant spend €4k 360 360 800 280 280
    Vat on General Spend €10k 2300 2300 2000 1960 900
    Total Vat on Spend 2900 2900 2800 2515 1330

    Property tax €178,000 property 315 315 1200 800 380
    Dirt on €3000 annual interest 1230 1230 600 630 610
    Car tax 570 570 206 0 60
    Tax on Diesel 300 litres 150 150 192 140 0
    Car Reg Taxes/Vat/etc 1965 1965 1346 633.3 0
    Health insurance 1300 1300 0 400 400
    Taxes on Water 55k ppp/a 140 140 40 53 0
    Pension Levy/Appropriation on €150k fund 1125
    Heating Taxes
    Electricity @ 4300kw p/a
    Electricity PSO 79.11 79.11

    Total Tax on Spend 12674 11549 9184 7686 4110

    Tax on living (Spend +Income) 18993 16868 15452 11120 8610
    Percentage of income
    taken as taxes 63.31 56.23 51.51 37.07 28.70


    Base price of a c4 15000 15000 15000 15000 15000
    Price of a c4 20895 20895 19038 16900 15000

    Dutytaxes on c4 1.9 hdi 5895 5895 4038 1900 0
    Dutytaxes on c4
    1.9 hdi / 3 years 1965 1965 1346 633.33 0



    I have taken whichever country has the lowest rate or tax as the base and deemed all figures in excess a hidden tax

    Like living on € €11,007 €13,132 €14,548 €18,880 €21,390
    Real Salary increase for leaving €2,125 €3,541 €7,873 €10,383
    % increase in living standards 0.00 16.18 24.34 41.70 48.54
    Put CODE tags (use the # button) around your data and it should retain the correct format/layout when you post it here.

    Not your ornery onager



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