Sunday May 31, 2020

Section 23 changes could be amended, says Lenihan

The controversial changes made to the Section 23 tax relief scheme in the budget could be amended to allow a more gradual wind-down of some of the scheme’s reliefs.

1st January, 2011

The controversial changes made to the Section 23 tax relief scheme in the budget could be amended to allow a more gradual wind-down of some of the scheme’s reliefs.

Minister for Finance Brian Lenihan is to consider submissions on the issue, which could result in amendments being made to next month’s Finance Bill. Lenihan told Fianna Fáil deputies he would take submissions, following pressure from small investors who insist they will be bankrupted by...

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