Ireland’s much envied tax-free scheme for artists, which has been capped in recent years, has been hit another blow, with a 2% levy introduced on the incomes of top-earning musicians, writers and artists.
Finance Minister Brian Lenihan has confirmed the levy, included in last week’s budget to help bridge a growing gap in the national finances, will apply to those covered by the tax-free scheme. It will be charged at 1% on annual income up to €100,000 and double for those earning above that figure
Thursday, October 23, 2008
By Anthony Garvey for The Stage: