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Budget 2022

The Minister for Finance Paschal Donohoe T.D. and the Minister for Public Expenditure and Reform Michael McGrath T.D. delivered the 2022 Budget against the backdrop of increases in the cost of living, changes in international tax reform and the need to reduce overall reliance on borrowings.

The key changes announced in Budget 2022 are:

  • Increases to personal tax credits, bands and relief for remote working 
  • Extension of EWSS and enhancement of EIIS
  • A new 3 percent zoned land tax
  • A new digital gaming sector tax credit 
  • Expansion of the tax debt warehousing scheme to allow individuals who have a “material interest” in their employer company to participate in the scheme.

For more detail please read our Budget Newsletter by downloading here.
If you have any queries on the Budget or any other financial matters do not hesitate to contact us.

Budget 2021

We are pleased to bring you our summary of the tax measures set out in Budget 2021.

The Government framed Budget 2021 in the midst of immense economic challenges presented by COVID-19 and Brexit. Irish businesses face extraordinary headwinds, and the Budget both reaffirms existing measures and introduces new measures to assist businesses through these extraordinary times. Ministers Donohoe & McGrath recognised that SMEs are the backbone of the Irish economy and it is hoped that future policy initiatives of this Government will focus on and positively address the taxation costs faced by SMEs.

Should you have any taxation or business questions, our team would be happy to share their insights with you.

Download our Budget 2021 newsletter in PDF format.

Budget 2017

Framed by “New Politics”, Brexit concerns and demands for more support for the SME and start-up sector, Michael Noonan and Pascal Donohoe have delivered Budget 2017.

The general consensus is that the Budget is positive for most sectors but has taken few risks.

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