4.04pm Corporation tax exemption for start up companies extended for 3 more years for businesses starting in 2012, 2013 & 2014
4.02pm New Foreign Earnings Deductions for companies exporting to and employees working in BRIC countries
4.00pm Stamp duty on commercial property being reduced from 6% to 2%
3.50pm No change in Corporation Tax rate of 12.5%
Revenue have introduced a facility to pay tax by credit card, limited to VISA and Mastercard. For now, payments can be made by telephone only. The dedicated telephone service is available Monday to Friday 9.00 – 17.00 on 1890 27 37 47 (+ 353 1 828 8045 for international customers). Payments by credit card will incur a transaction charge of 1.69% of the value of the payment.