Budget 2024

Angels, energy supports and company cars: What’s in Budget 2024 for businesses

The government has moved to introduce a range of measures which it will hope partly offsets rising costs for businesses

Michael McGrath, the Finance Minister, and Public Expenditure Minister Paschal Donohoe outlined a range of new business support measures. Picture: Julien Behal

The government has announced a €14 billion budget package for 2024, which includes some significant measures and supports for businesses. As widely reported in the weeks leading up to the budget, the government has moved to introduce two multibillion-euro investment funds, while it has also tweaked a number of taxation measures that will be welcomed by business lobby groups.

Taxation measures

R&D tax credit

On the tax side, the government will increase the R&D tax ...