Minister for Finance Paschal Donohoe: While details of how the  fund may be used to help deal with a disorderly Brexit are not  finalised, triggering the fund is being examined. Photograph: Niall Carson/PA

The State’s “rainy day fund”, which will be worth €2 billion by the end of the year, could be used by the Government to deal with the effects of a no-(...)

The institute said that a person earning €75,000 pays eight times more personal tax (income tax, USC and social insurance) than someone earning €25,000. Photograph: Bryan O’Brien

It is “unsustainable” to keep more than 750,000 income earners outside of the tax loop, the Irish Tax Institute (ITI) has warned. In a pre-budge(...)

Last year, when collected by local authorities, the tax brought in €470m for the exchequer.

The State should aim to receive €500 million a year from the local property tax (LPT) and apply a central rate to achieve that, an Oireachtas committe(...)

Minister for Finance Paschal Donohoe will tell the Oireachtas Budgetary Oversight Committee it is “critical that the expenditure position for Budget 2020 is managed within the parameters set out in the mid-year expenditure report”. Photograph: Gareth Chaney/Collins

Government departments have been warned there will be no extra money available in the budget over and above what has already been pledged. The Iris(...)

KPMG:  was hired to provide “financial, commercial and procurement advisory services” for the NBP.  Photograph: Niall Carson/PA Wire

Whether or not we think the Government’s €2.9 billion National Broadband Plan (NBP) represents value for money – and it seems most outside the corrido(...)

Minister for Finance: “If there is a disorderly Brexit... there will be significant pressure placed on the public finances.”

A disorderly Brexit could result in a €6 billion hit to the exchequer, Minister for Finance Paschal Donohoe has warned. “If, as appears increasingly (...)

Irish Fiscal Advisory Council chairman Séamus Coffey. File photograph: Dara Mac Dónaill

Ireland has not given itself sufficient breathing space to absorb the potential financial shock of a hard Brexit, the State’s fiscal watchdog has warn(...)

Dairygold Co-op chief executive Jim Woulfe believes a hard Brexit would add €50 million in costs to its UK cheese exports

It might be a very British exercise, but Brexit seems to be seeping into virtually every area of Irish life. The United Kingdom’s exit from the Europe(...)

Checking out house prices in Dublin. “In Dublin you could see increased demand because of more people moving in to work”

Brexit could hit house prices in most of the Republic but drive up demand for homes in Dublin, experts warned politicians on Wednesday. They also pre(...)

Photograph: iStock

After months of study and yet another report on the local property tax, the Government decided this week to kick a decision on the future of the tax f(...)

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