Tax

Tom Maguire: Budget 2024 is an opportunity to make the income tax system less unattractive

Ireland’s high personal tax rate can act as a disincentive to businesses locating here, to employees taking on additional work, and to foreign-based talent relocating to Ireland

Michael McGrath and Paschal Donohoe are preparing to sit down and crunch numbers for the upcoming budget. Picture: Rolling News

My last column looked at possible changes that could be made for companies in the forthcoming budget. This week I was chatting with Colin Forbes, leader of our global employer services team, and we thought it would be good to take a look at the human side of the equation.

The most recently published exchequer returns to the end of May showed that income tax receipts remained solid at €13 billion. That was up 9.5 ...