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Republic of ireland
New Registered Employment Agreement for the Construction Industry
New hourly rates of pay for construction craftsmen, operative and apprentices came into force on 4 February 2011 under the provisions of the Registered Employment Agreement for the Construction Industry. The new rates are a 7.5% reduction on the rates that have been in force since January 2008. Further information: Registered Employment Agreement – Construction [...]
USC Rate For Medical Card holders Reduced
The Universal Social Charge (USC) was introduced from 1 January, although the Finance Act 2011, which provides the statutory basis for the new charge, was not enacted until 31 January. All individuals are liable to pay the USC if their gross income exceeds the threshold of €4,004 p.a. (€77 per week). On 25 January, the [...]
Republic of Ireland – Reduction in the national minimum wage from February 2011
The new national minimum hourly wage rate of €7.65 will come into effect on February 1 following the signing of the order on 19 January. This is reduction of €1 on the current rate of €8.65. The latest data from the Central Statistics Office shows that about 47,000 workers, or 3.1% of the employed labour [...]
