The Government Budget & Workers (Leaving Cert Business): Flashcards

📚Flashcards
The Government Budget & Workers
Sign up to keep revising.Create a free account to study more flashcards and track your progress.

Practise the cards

10 cards from this deck

Show

Government budget

Annual financial plan showing gov spending & allocation

Month gov budget published

October

Largest gov spending area

Social protection (€26.89bn)

Disposable income

Money left after paying taxes

PAYE credit purpose

Reduces amount of tax employees pay

USC full form

Universal Social Charge

Min wage workers in Ireland

186,000 people

VAT full form

Value-Added Tax

Health spending amount

€25.76bn

PRSI full form

Pay-Related Social Insurance

Join 100,000+ Leaving Cert students studying Flashcards with us.

Select your subjects, and get access to A+ resources today.