The Government is considering reform of the tax system to encourage emigrants to return home, it has emerged. The plan is to benchmark income tax for middle-income earners against countries like the UK, Australia, the US and Canada.

Ireland’s marginal tax rate (combining income tax, Universal Social Charge and PRSI) is 51 per cent.

If you live abroad, how much tax do you pay? If taxes are higher, do you feel you get more back in better public services? Does Ireland’s income tax rate factor in your decision to stay abroad? If it was lowered, would that encourage you to return? Let us know in the comments section below.