Via our friends at Accountingnet.ie.
“Comparing the combined costs of tax and employee and employer social insurance costs with the total cost of employment, Ireland post Budget is found to have the lowest percentage cost. This was only a marginal advantage in 2005 but the gap between Ireland and Cyprus has increased to 1.44%. Malta and Luxembourg continue to be third and fourth respectively.”
Read the rest [here]. So basically we are better off in 2007, we are now paying on average €530 less to the government that we did in 2006.
So we are paying the lowest in terms of direct taxation to fine people in the Dáil, but what about indirect taxation (i.e. VAT and excise duty) ? I’m sure this brings up the cost.