Wednesday May 27, 2020

Budget 2016: Noonan announces limited tax relief for investors

Package provides little incentive for employees in dividend paying companies to invest in their own employer

13th October, 2015

Very limited tax relief for investors has been announced by Minister for Finance Michael Noonan in his budget.

While capital gains tax for business owners who sell all or part of their business is being reduced from the current 33 per cent to 20 per cent from January 1 next, the Minister has not reduced the rate for other capital gains such as those on the disposal of shares, property or other assets.

Nor has the Minister removed...

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