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Fantasy Budget Competition

More than just a competition

The Irish Tax Institute is running its high profile annual tax competition for undergraduate students throughout Ireland. The Fantasy Budget could be the start of your career in tax journey!


Budget 2022 was announced on 12 October 2021. We invite third-level students to form teams of three or four students and prepare a submission to critically analyse some of the budget measures, in addition to proposing a budget measure. The closing date for entries is 26 November 2021 and full details on the entry requirements can be found here.

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Fantasy Budget 2021 Winners

We had a lot of really great submissions for our 2021 competition, but the final three winners were UCD, LIT and UCC. Hear from our winners on their experience and submissions.

UCD - our 1st place winners in Fantasy Budget 2021 with their lecturer, Emer Hunt

First Place, UCD - under the guidance of their lecturer, Emer Hunt

L-R: Emer Hunt (Lecturer), Naomi Whyte, Elaine Dunne and Katie Kilcoyne.
Limerick Institute of Technology - our 2nd place winners in Fantasy Budget 2021 with their lecturer, Morna Canty

Second Place, Limerick Institute of Technology (LIT) - under the guidance of their lecturer, Morna Canty

L-R: Godwin Moneke, Ross Holian and Morna Canty (Lecturer). Absent: Sarah Farrell
UCC - our third place winners in Fantasy Budget 2021 with their lecturer, Michelle Gleeson

Third Place, UCC - under the guidance of their lecturer, Michelle Gleeson

L-R: Finnian Breen, Shane Allen, Mwayi Clement Chabwera, Emer O'Keefe and Michelle Gleeson (Lecturer)

If you enjoyed taking part, then maybe you have a future as a Chartered Tax Adviser (CTA)!

Richie O'Carroll, KPMG

“The Fantasy Budget Competition was a great way for me to really understand the practical effects of the measures the Budget brings in and the changes in taxation policy that come with it. The research you do really stands to you and helps when starting a new career in a tax department – I would definitely recommend the competition to every student studying tax, there are excellent prizes and it all helps for your exams”

Niall Hanton, Grant Thornton

“The Fantasy Budget competition is a great way to get students thinking about tax on real life practical level and away from a purely exam focused mind-set. The competition sparked an interest to begin my career in tax as it brought to my attention the important role tax plays in Ireland’s economy. Tax issues are at the heart of all commercial activities and working in tax will provide me with a diverse set of skills & experience”