JOHN AND MARY are not married and have been living together for the past nine years. They jointly own their family home in Co Westmeath.
John also owns an apartment in Dublin, where he lived before moving in with Mary, and he currently rents the property to young professionals.
John works as a bank manager. His annual salary and rental profit amount to €95,000 a year.
Mary stays at home to look after their two children, aged seven and eight.
John is not pleased about the €200 charge per annum on his non-principal private residence that he will have to pay given that there was no increase in tax credits. In addition, they are disappointed that they will have to pay an additional €10 in travel tax for each family member if they fly abroad on holiday next summer.
They had hoped there would be changes to the amount of Capital Acquisitions Tax Mary would have to pay if John were to die and pass his rental property on to Mary.
Overall, John and Mary are €66 per month worse off following the changes announced in the Budget.