Issue: Research shows that 40% of people do not know what the income tax rates are.
Comment: Recent research shows that 40% of us do not know what the Income Tax Rates are. Another survey in 2015 showed that Irish consumers believe that they were more financially knowledgeable than the rest of Europe.
Obviously there is a disconnect between both findings and what I find troubling is that there is a perception amongst some people that they are more financially knowledgeable than is the case.
Educating ourselves on all aspects of our finances should be a priority.