After all is said and done, tax happens

After all is said and done, tax happens

Government is refusing, as a stated tax-raising measure, to index tax bands and allowances as the economy recovers. Therefore, as incomes recover, we pay proportionately more tax on them

The first week of a new year is often seized upon as a time for warning of things to come. In general, tax is easy to predict because it’s a certainty that tax will happen. We now know much of the detail of how it will happen, as the Finance Act 2017, which gives effect during 2018 to last October’s budget announcements, was signed into law by the President on Christmas Day. Most commercial activities in Ireland are suspended for that one day of the year, but it seems the ship of state must continue to sail regardless.

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events
  • Videos and podcasts from some of the industry's most respected journalists such as Tom Lyons, Susan Mitchell and Ian Guider
  • Access to The Business Post's extensive archive​

Related Articles

More from The Business Post