Tax Insight

Find the Irish Tax Institute’s latest submissions, consultations, publications and commentary on tax administration and policy.

Pre-Budget 2024 Submission

The Institute submitted its Pre-Budget 2024 Submission to the Minister for Finance, Michael McGrath T.D., on 30 June. In the submission, we highlight the changes the Government must make to the tax system to strengthen the resilience of the economy. While retaining and attracting foreign direct investment (FDI) will continue to be key part of a balanced and sustainable growth strategy, building productivity and innovation in the indigenous sector must […]

Learn more

Government announces latest cost-of-living package

In a press release today, the Government announced the latest cost-of-living package worth €1.2 billion, of which, €470 million will be allocated to social welfare measures, following approval by Cabinet. We outline below the main measures announced by the Government today. Extension to the Temporary Business Energy Support Scheme The Temporary Business Energy Support Scheme (TBESS) will be extended past its current end date of 28 February to 31 May […]

Learn more

Tax Talk Ep 13: Tax and Politics

The relationship between tax and politics can be tricky for governments which we saw last September. The 550 page Foundations for the Future Report, published by the Commission on Taxation and Welfare, caused quite a stir with its far-reaching recommendations on inheritance taxes and other capital taxes proving particularly controversial. Now that the dust has settled, we ask what are the prospects for reform of our tax system and is […]

Learn more

Tax Talk Episode 10: The R&D Tax Credit

As the Department of Finance continues its review of the R&D Tax Credit, the Institute hosted a podcast to explore how this critical part of our corporation tax offering could be made more effective in building innovation and productivity in our economy. Our Tax Talk host, Samantha McCaughren was joined by Institute Council member, Ian Collins, Tax Partner and Head of Innovation with EY and highly respected tech investor, Elaine […]

Learn more

Pre-Budget 2023 Submission

Today, the Institute submitted its Pre-Budget 2023 Submission to the Government. The overall theme of the submission is enhancing Ireland’s competitiveness through tax policy levers. In the submission, we make the case for the Government, in the current changed global economic, monetary, and fiscal environment, to: have a relentless focus on competitiveness in all areas of the economy including Ireland’s corporate and personal tax systems; simplify the corporation tax code […]

Learn more

Important Update on the Debt Warehousing Scheme

This week, Revenue is sending Important Information Notices to all businesses that are availing of the Debt Warehousing Scheme. These Notices are intended to provide businesses with certainty regarding their participation in the Scheme, outline next steps and if relevant, highlight the immediate action required to ensure that some businesses do not lose the benefits of the Scheme. Businesses fully up-to-date with their tax returns Businesses that are fully up-to-date […]

Learn more