Budget 2016 will encourage job growth and help employers

Category: Jobs
Published on Wednesday, 14 October 2015 14:20

New tax credit for self-employed, increased minimum wage and reduced employer PRSI Budget 2016 is good for job creation and good for local businesses. “One in three jobs created in the economy come from small business, tradespeople and local employers. All of these self-employed business people will now be able to claim the Earned Income Tax Credit of €550. This will begin the process of tax equalisation for the self-employed and PAYE workers. “Capital Gains Tax (CGT) has also been an issue for entrepreneurs who have built a successful …

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Budget 2016 delivers for rural Ireland

Category: National Issues
Published on Wednesday, 14 October 2015 14:16

Budget 2016, announced yesterday by Minister for Finance, Michael Noonan, will make a significant difference for those in rural Ireland. Budget 2016 has introduced a series of agri-taxation measures including: the extension of the general stock relief stock relief for young farmers stamp duty exemptions for young trained farmers up to the end of 2018 a €5,000 per annum tax credit of for five years for farmers who transfer their land to successors over a period of time, making it easier for farms to be passed from one generation to the n …

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USC cuts will give a week's wages back to low and middle income earners

Category: National Issues
Published on Wednesday, 14 October 2015 14:08

The significant reduction in the Universal Social Charge (USC) contained in the Budget will make life easier for families and individuals across Ireland. “This significant reduction in the USC will help ensure that every worker throughout Ireland benefits from the economic recovery that is underway. Reducing USC from 7% to 5.5% on people's earnings between €18,668 and €70,044 will make a significant difference for working families and individuals. These people will receive at least one week's wages extra into their pocket next year as a …

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Smaller class sizes and more teachers good news for the education sector

Category: Education
Published on Wednesday, 14 October 2015 12:58

D'Arcy stated that the announcement of smaller class sizes and more teachers in Budget 2016 are very positive measures. “The education budget will see €144 million in additional investment next year, allowing for a number of initiatives that will benefit students and teachers. Two of the key initiatives are smaller class sizes and more teaching places. “Educational research shows that smaller classes lead to better learning outcomes for pupils, particularly in primary schools. Smaller numbers give teachers more time to work with individ …

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Budget measures a further boost to land mobility for farmers

Category: Agriculture
Published on Wednesday, 14 October 2015 12:45

Speaking after the announcement of Budget 2016, Michael D'Arcy stated “This is a postiive budget for farmers and I am glad to see that it has been broadly welcomed by all the farm organisations and ICOS. “The €550 tax credit introduced for the self-employed, including farmers, is a significant boost to farm families. Combined with the significant USC reduction, farmers will experience a significant tax dividend as a result of this budget. These changes will mean over €800 in additional net income, or 3.5%, based on the average Family F …

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126,000 new jobs and 91% are full time – D’Arcy

Category: Jobs
Published on Thursday, 10 September 2015 14:32

The fact that 91% of the 126,000 jobs added to the economy since the launch of the Action Plan for Jobs are full-time, is extremely encouraging and an indication of a strong economy, that is growing”, says Fine Gael Senator for Co. Wexford, Michael D'Arcy. “According to CSO data, we have now had 11 consecutive quarters of jobs growth and in the last two years, part-time work has fallen, while full-time jobs have grown. The number of people working variable hours is down by 50,000. “When this Government took over in 2011, we were faced w …

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Generations of Public Service

michael darcy Did you know Michael Darcy Senior (Michael's Father) has served as a public representative for North Wexford and Fine Gael since the 70's, playing a huge part in various projects and amenities.

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fine gael If you wish to discuss something or are looking for assistance on a project or issue important to you we welcome your query. Appointments can me made to visit my constituency office in Gorey and as a public servant my doors are always open.

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