Ireland – a magnet for UK firms looking beyond Brexit

Motivated by worries about tariffs and a potential risk to their overseas sales in the post-Brexit era, many UK firms see Ireland as a better option than mainland Europe. Paul Brown, a tax partner at Manchester accountancy firm HURST, said Ireland’s low tax rates – corporation tax is 12.5 per cent – along with state support for overseas companies, a similar business culture to the UK and a common language are key factors behind the surge in interest. In addition, Ireland has a similar business law system and an economy which is not overburdened by regulation, he said.

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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