Budget 2024
Bank levy: ‘Arbitrary’ increase threatens Ireland’s reputation, BPFI says
Michael McGrath announced a 'revised’ hike for 2024, which aims to raise €200m
Ireland’s lenders have hit out at what they call “arbitrary” increases to the bank levy announced in the budget, as part of which the government has more than doubled the amount it wants to raise from the sector.
Michael McGrath, the Finance Minister, today announced a “revised bank levy” for 2024, which aims to raise €200 million in the period.
The bank levy was implemented after the crash and aimed to recoup from lenders some ...