Entrepreneurial tax relief must be more competitive

The high capital gains tax regime in Ireland has the potential to reduce economic growth

Paschal Donohoe, Minister for Finance, at the Dáil on budget day Pic: Rollingnews.ie

On Budget Day, Minister for Finance Paschal Donohoe said he would not make changes to the capital gains entrepreneurial tax relief. Instead, he said, he had asked his department to consider the findings of an external review and report back on any changes that could be made to better support entrepreneurs and entrepreneurial activity.

The external consultants’ review and findings were published the same day, and a review of the review’s conclusions is ...