Tom Maguire: Tax needs a new rulebook for the post-Jurassic economy

The Revenue’s proposed measures to assist businesses with cashflow and trading difficulties as a result of Covid-19 are welcome, but more will be needed

‘Legislate now to accommodate tomorrow’s economic cash flow‘. Picture: Getty

“It seems totally incredible to me now that everyone spent that evening as though it were just like any other. From the railway station came the sound of shunting trains, ringing and rumbling, softened almost into melody by the distance. It all seemed so safe and tranquil.” Richard Burton, and subsequently Liam Neeson, said that in Jeff Wayne’s “War of the Worlds”.

The evening they referred to could just as easily have been Friday three ...