Tax | Business Post

Tom Maguire: Why it’s important to KEEP going on employee share options

Amendments to the Key Employee Engagement Programme qualification conditions and extension of the scheme to 2025 are positive moves, but there’s still room for improvement

US multinationals told state to simplify ‘cumbersome’ tax system or face losing investment

American Chamber of Commerce said Ireland should change to a territorial system which taxes companies on income derived within its borders and is considered a simpler model for taxing multinationals

Gerassimos Thomas: Why environmental taxes need to be doubled to achieve Europe’s green transition

Revenues from environmental taxes in the EU have remained stagnant at a very low level for the last decade, standing at around 2.2 per cent of GDP in 2020, writes the European Commission’s Director General for Taxation and Customs Union

Brian Keegan: Despite external risks, domestic policy errors would do more harm

Conditions may be chaotic, but the outlook for the Irish exchequer is not necessarily bleak

Billions of euro in corporate tax this year a once-off, Finance warns

Revenue and Department of Finance officials predict that €2 billion in business tax receipts will not be repeated in 2023, which is likely to raise concerns about the sustainability of Ireland’s bumper corporate tax receipts

Tom Maguire: Finance Bill’s changes to R&D could go further for start-ups

Boosting the tax credit for SMEs to 30 per cent was mooted in an earlier bill, but to do so, some EU legal hurdles would first have to be overcome

Brian Keegan: Tax and support policy must also urgently accommodate property sector

Last week’s budget correction in the Finance Bill means that trades, manufacturing and services are now treated equally in terms of tax and supports, but landlords and tenants need more

John Walsh: An ‘extreme right-wing government’ here? Sinn Féin’s claim doesn’t stand up to scrutiny

The Irish tax system is the most progressive in the European Union, housing policy is failing through ineptitude rather than lack of money aimed at it and being pro-business generates the wealth necessary to meet spending commitments

Revenue extends debt warehousing scheme until May 2024

The Business Post has over recent weeks repeatedly highlighted the number of firms for which the original deadline was likely to prove problematic

Budget tax changes: devil will be in the details of Finance Bill

If a reduction in the overall capital gains rate is not possible then consideration should be given to a reduction in the rate applicable for gains arising on the disposal of investments in SMEs

Willie O’Reilly: Newspapers must keep eyes on the prize after Vat victory

With the hotly lobbied for zero Vat rate now won, it’s up to the sector to use the cash released wisely to evolve a strong, meaningful digital offering

U-turn on UK tax cut for high earners hailed as positive for Irish businesses

The change brought some stability back to the markets

Revenue may call in sheriffs to collect up to €500m of business debt

End of Covid-19 tax warehousing scheme has raised fears over viability of many firms

Mediahuis chief: ‘The money we get from the Vat reduction will go into developing new platforms’

Peter Vandermeersch and other industry leaders agree that the government’s decision to reduce the Vat rate on print and digital newspapers to zero will give the sector the financial foothold they need to maintain standards and move to a digital-first future

Dan O’Brien: Paying tax might be as inevitable as death but paying more tax is not

Even as the number of people in receipt of public pensions rises, the implications and impact of those extra costs can be addressed in a variety of ways. Look at Iceland and Australia, for example

Ian Guider: We now have big state intervention in almost every facet of the economy

Spending large amounts of money to reduce the inflationary pressure on households and businesses cannot be faulted

Brian Keegan: The three mistakes the government avoided in Budget 2023

Paschal Donohoe and Michael McGrath have managed a careful balancing act, but the capacity issues that have caused problems in many sectors remain

Tom Maguire: Tax Commission’s SME advice is weighty, but right on the money

The Commission on Taxation’s recent report touted laudable changes to make the ‘dynamic trio’ of EIIS, R&D tax credits and Keep more effective in nurturing small and young businesses

Ian Guider: Ten things to think about for Budget 2023

Ahead of Budget day on Tuesday, here are some ideas that could help the government alleviate the cost of living crisis and keep the economy moving

Ireland holds out for EU-wide corporation tax reform

Despite pressure, the government is holding back on unilaterally introducing the minimum 15 per cent rate as other member states are doing