Richest people work system to pay less tax than those on average wages

Richest people work system to pay less tax than those on average wages

More than 80 of the country's wealthiest people are paying the same or less income tax as the average worker, a shocking report has revealed. Ten years on from the economic crash, a combination of clever accounting and loopholes is allowing some of the country's richest individuals to minimise their contribution to the State's coffers. The Comptroller and Auditor General (C&AG) reviewed how 480 people, classified as 'High Wealth Individuals' (HWI), interact with the Revenue Commissioners.

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