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Budget 24: Minimum wage to rise to €12.70 next year

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The minimum wage will increase to €12.70 next year, Finance Minister Michael McGrath has announ...

Minister McGrath also announced a number of changes to the tax system; the 4.5% rate of USC will drop to 4% and the threshold at which someone starts paying the higher rate of income tax will increase to €42,000 - up from the current level of €40,000.

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