Monthly Archives: October 2022

Is defined as a tax charge applied to carbon emitting fuels such as coal, oil and natural gas.  Watch the videos below:  Questions:  Explain how the introduction of a carbon tax is being used to overcome a negative externality?  Brainstorm … Continue reading →

Is a tax on sugar sweetened drinks. This came into effect in 2018. eg. in 2021 it was 20c on 5-8g of sugar per 100ml.  Watch the videos below:  Questions Is sugar tax a progressive or regressive tax? Explain how … Continue reading →

Canons of taxation: Adam Smith  Equity: taxes should be equitable or fair. In Ireland, PAYE is considered a progressive tax as those who earn more pay more.  Certainty: The amount of tax which a person must pay (the state collects) … Continue reading →

Value Added Tax is an indirect tax paid by final consumers. VAT on goods was reduced from 23% to 21% and on services it was reduced from 13.5% to 9% to stimulate growth in the pandemic. Hospitality VAT rate to … Continue reading →