High earners will face 3% income levy

A new 3 per cent income levy for high earners, along with wide-ranging enhancements to the tax regime for research and development (R&D), will be among the headline measures in this week’s Finance Bill.

15th November, 2008

A new 3 per cent income levy for high earners, along with wide-ranging enhancements to the tax regime for research and development (R&D), will be among the headline measures in this week’s Finance Bill.

The bill, which brings into effect measures set out in last month’s budget, will also give the Revenue new powers to curb tax evasion, particularly in relation to overseas property investments. A number of anti-avoidance tax schemes will...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago