Monday November 23, 2020

Osborne budget to benefit Irish plcs

British chancellor George Osborne produced a windfall for Irish plcs when he announced his 2014 budget last Wednesday.

24th March, 2013
George Osborne, British chancellor of the exchequer. Photo: Bloomberg

British chancellor George Osborne produced a windfall for Irish plcs when he announced his 2014 budget last Wednesday.

A cut to corporation tax, the elimination of stamp duty on AIM-listed share trading, reductions in duty on fuel and beer, and a new subsidy for house buyers will help the bottom lines of several Irish public companies with operations in Britain.

Corporation tax in Britain will come down from 21 per cent to 20 per cent in...

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