If I were to avoid tax, I would be heavily penalised.
If I were to commit perjury I would probably face a term in prison.
But I’m not Bertie.
Let’s see what his penalties are going to be…….
[These calculations may be slightly wrong, but I don’t think so]
First of all, he gets a little golden handshake of one and a half times a TD’s salary – €131,000
A lifetime pension of €128,782 per annum, index linked. This is 60% of his new salary of €214,637.
In addition he gets €47,680 per annum, index linked. This is half a TD’s salary of €95,363.
So the reward Bertie gets for perjury and tax avoidance?
A Golden Handshake of €308,000, and €176,500 a year after that.
Not bad, huh?