Michael McGrath will be entitled to a number of allowances when he takes up his role as an EU commissioner. The monthly salary of an EU commissioner is €25,910 before taxes, which adds up to just over €310,000 a year and is paid for by EU taxpayers. However, commissioners are also entitled to thousands of euro extra in lucrative allowances, which are calculated on their personal circumstances. EU commissioners are entitled to a residence allowance, which is equal to 15pc of their salaries. Travel expenses for EU commissioners and their family members are reimbursed by the EU.
Source: Irish Independent June 26, 2024 12:21 UTC