What it says in the papers
Today's Irish Independent leads with the €700 increase as part of a Universal Social Charge hike, which will hit the elderly the hardest.
High-earning self-employed workers will escape relatively unscathed in the new plan, as those earning more than €100,000 will see their USC rate drop from 10pc to 7pc, according to Personal Finance Editor Charlie Weston.
The USC hike comes as the special 4pc rate has been reverted and the new 7pc rate will be introduced next January.
The Herald's main story focuses on the ongoing court case of murdered Aoife Phelan. Robert Corbet is currently standing trial for her killing and it was reported in the Central Criminal Court that he told Gardai he 'just snapped' after getting 'pushy about not being in a relationship'.
The Irish Times leads with the latest twist in the ongoing Justice Department saga with new Minister Frances Fitzgerald stating the mechanisms introduced by the Morris tribunal failed to accurately address corruption among Gardai as it was established to do. Ms Fitzgerald has hinted the Garda Ombudsman will soon have more power and have been given more authority to investigate complaints by department whistleblowers.
The Irish Examiner features a different line on the Justice Department drama, focusing on Tanaiste Eamon Gilmore's indication that Taoiseach Enda Kenny may face an Oireachtas committee in relation to his role, if any, in the resignation of former Garda commissioner Martin Caliban.
The Irish Daily Star and Irish Sun both feature stories on murdered Aoife Phelan's ongoing court case.
In sport, the Irish Independent leads with the £50m cost of David Moyes' disastrous Man United reign. The club's quarterly accounts were made available yesterday and the team's failure to qualify for next season's Champions League resulted in an estimated £35m loss in broadcasting revenue.
Meanwhile, in rugby Brian O'Driscoll praised Eddie O'Sullivan's move as head coach of Biarritz, saying that he has been out of the game too long. Leinster teammate Leo Cullen echoed his sentiments.