Budget 2022

43 results

Henry Street: You would doubt that tax cuts are anywhere near the top of people’s priority list, much of course as we would all like to pay less. Many in the most damaged sectors are worried about their jobs.  Photograph: Dara Mac Donaill

Have Fine Gael Ministers playing up the prospect of tax cuts in the budget lost the plot? The party think-in featured Tánaiste Leo Varadkar, in partic(...)

The pre-budget papers argue there is little justification for improving tax relief available to people working from home. Photograph: iStock

Workers and employers could face significant hikes in PRSI from 2023 under plans outlined in pre-budget papers drawn up for the Government. With the (...)

The Republic has some of the highest rates of duty on tobacco products.

Increasing taxes on “old reliables” such as cigarettes in the forthcoming budget could be counterproductive, the Government has been told. In a strat(...)

The surge in corporation tax in 2020 was due entirely to a jump in profits in the information and communications sector,  according to the Tax Strategy Group papers.

The surge in corporation tax in 2020 was due entirely to a jump in profits in the information and communications sector, which includes the big digita(...)

Increases in PRSI for workers and employers to address a Covid-driven increase in the social insurance fund deficit have been examined by officials ahead of the budget. Photograph: David Davies/PA Wire

The Government has been urged to introduce significant increases in PRSI payments for employees, employers and the self-employed from 2023. The call (...)

Tax relief on electric vehicles should be extended beyond the end of this year, according to proposals from the Tax Strategy Group. Photograph: iStock

Tax relief on electric vehicles should be extended beyond the end of this year but the relief should apply only to cars priced less than €40,000, acco(...)

A €50 increase to PAYE and earned income tax credits would cost the exchequer an estimated €85 million. Photograph: iStock

Improving tax relief for those who work from home could place a considerable economic burden on the State, given the widespread support from both empl(...)

Approximately €15 billion in excess, pandemic-related savings is fuelling the current rebound in consumption.

Approximately €15 billion in excess, pandemic-related savings is fuelling the current rebound in consumption, senior Government officials have been to(...)

The cost of the help-to-buy scheme could exceed €170 million in 2021, more than four times the original estimated annual cost of €40 million. Photograph: Rui Vieira/PA Wire

Ending the help-to-buy scheme this year could lead to market disruption as developers scale back supply of starter homes, officials at the Department(...)

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