Search Results for 'Taxation in the United Kingdom'

Throughout the years there have been many so called “safe investments”. However, forestry seems to have been overlooked by many until now.

Throughout the years there have been many so called “safe investments”. However, forestry seems to have been overlooked by many until now.

Local Independent councillor, Michael O’Brien, has welcomed the increase in the standard income tax band from €33,800 to €34,550, announced this week by the Minister for Finance, Paschal Donohue, as part of Budget 2018.

Senator Gabrielle McFadden, has asked for an increase in the Military Service Allowance.

New research conducted by Peter McVerry Trust shows that 62 per cent of people are in favour of a tax on empty homes.

Well, what a varied number of conversation items we have this week.

Minister for Finance Michael Noonan and Minister for Public Expenditure and Reform Paschal Donohoe presented the first Budget of the Minority Government Fine Gael-Independent Coalition. Ministers Noonan and Donohoe announced that the total Budget package of €1.3bn favours expenditure increases over revenue reductions by three to one reflecting the Government’s commitment to rebuilding and investing in public services. More detail will be included in the Finance Bill to be published later this month.

Independent Alliance Deputy, Kevin ‘Boxer’ Moran, has said the increase in Rent Allowance was a key aspect in the Alliance’s Programme for Government.

It was encouraging to hear the Minister for Finance announce in his recent Budget speech an increase in the tax free threshold on gifts or inheritances from parents to children. The threshold now stands at €280,000 (increase of €55,000) with effect from 14 October 2015.

arguably that prior Budgets have focused on tax measures to attract Foreign Direct Investment and that supportive tax measures for small businesses and entrepreneurs have received less attention. With the advent of improved technology, the option for Irish entrepreneurs to move their base outside of our shores is now a live one as many of them can easily conduct their business across borders. Therefore the need to encourage new entrepreneurs and support existing entrepreneurs is vital in ensuring the medium to long term health of the Irish economy.