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Michael McGrath

Opinion

John Walsh: Here come the latest French and German attempts to control Ireland’s budget

For decades, Ireland has resisted Franco-German attempts to control us, but pressure is intensifying
  • John Walsh
  • September 24, 2023
Taxation

Editorial: Europe has yet another go at our corporate tax revenues

A proposed new European Commission proposal feels like a stealthy way to extract more corporate tax and would disproportionately affect Ireland
  • September 24, 2023

Simply Better
Back to School

Delicious recipes by Neven Maguire

Politics

Businesses in line for energy supports in bumper budget

Package for businesses is aimed at helping firms through a period of acute price pressures as firms face another winter of high energy prices
  • Michael Brennanand
  • Daniel Murray
  • September 24, 2023
Economics

McGrath rejects €1.5bn EU demand

Move seen as fresh attempt by France and Germany to get at Ireland’s corporate tax revenues
  • Daniel Murray
  • September 24, 2023
budget 2024

Daniel Murray: All things must pass - the era of extraordinary budget spending included

While the financial ministries preach prudence, the segregation of spending into core and non-core categories has allowed government to keep splashing the cash
  • Daniel Murray
  • September 18, 2023
budget 2024

Revealed – the €14.4bn budget trick

Behind the ‘prudent’ core Budget 2024 package of €6.4 billion lie shadow ‘temporary’ spending figures that bring the real total to a less reassuring €14.4 billion
  • Daniel Murray
  • September 17, 2023
Banking

Cost of IBRC liquidation tops €310 million, report says

The liquidation of the former Anglo-Irish Bank is on course to conclude by the end of 2024
  • Emmet Ryan
  • September 15, 2023
Corporate Tax

McGrath introduces roadmap for corporation tax participation exemption

The exemption is designed to eliminate a form of double-taxation
  • Emmet Ryan
  • September 14, 2023
Analysis

Daniel Murray Analysis: Has the corporate tax bonanza come to an end?

By the end of this year, annual corporate tax revenues are expected to have grown six-fold in the space of a decade, from around €4 billion in 2013 to €24 billion in 2023
  • Daniel Murray
  • September 14, 2023
Economy

Period of huge corporation tax increases likely over, Michael McGrath warns

Figures published last week showed that corporation tax was down by €1 billion in August, compared to the same month last year
  • Peter O'Dwyer
  • September 13, 2023
Budget 2024

USC cuts on the table, Tánaiste and Minister for Finance confirm

The Business Post reported at the weekend that the government is planning the most significant cut to the controversial Universal Social Charge since its introduction
  • Daniel Murray
  • September 11, 2023
Budget 2024

Government and Ifac spar over how to spend projected windfall tax receipts

The state’s budgetary watchdog has criticised the government’s plans for the €65 billion in budget surpluses expected over the next three years
  • Michael Brennan
  • September 10, 2023
Business Post's View

Editorial: McGrath has it all to play for in first FF budget in over a decade

Ahead of an election and as the frontrunner to be next leader of his party, the finance minister will have to tread carefully
  • Business Post
  • September 10, 2023
budget 2024

Last budget before election creates irresistible temptation to spend, spend, spend

The desire to offset the overwhelming popularity of Sinn Féin makes it hard for government to listen to Eurogroup and Ifac calls for fiscal prudence
  • Michael Brennanand
  • Daniel Murray
  • September 10, 2023
Budget 2024

USC to be cut as part of €11bn budget package

Cutting the controversial charge has emerged as the preferred taxation option as Michael McGrath prepares to deliver Fianna Fáil’s first budget in 13 years in the finance portfolio
  • Michael Brennan,
  • Daniel Murrayand
  • Daniel McConnell
  • September 10, 2023
Business

State to amend concrete levy to exclude precast after industry backlash

Department of Finance had signalled that precast would be subject to 5 per cent levy but has completed a U-turn after concerns it would advantage Northern Irish firms
  • Donal MacNamee
  • September 6, 2023
budget 2024

New review to determine make-up of energy supports for households and businesses in the Budget

The Department of Public Expenditure has asked its officials to carry out a review of the energy supports ahead of the budget.
  • Michael Brennan
  • September 5, 2023
Economy

Sharp drop in corporation tax receipts reflects ‘underlying vulnerabilities’ in public finances - finance ministers

Corporation tax receipts are up 7.3 per cent on August 2023, despite a declining by €1 billion last month
  • Barry J Whyte
  • September 4, 2023
Banking

Consumer supports top the agenda of McGrath’s meeting with banks

Finance minister has met with lenders to discuss how the sector can better support consumers struggling with high interest rates
  • Sarah McGuinness
  • August 31, 2023
Politics

McGrath ‘reluctant’ to cap TD numbers as politicians await revised constituency boundaries

Electoral Commission will publish recommended changes to constituency sizes and seats on Wednesday morning
  • Daniel Murray
  • August 29, 2023

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