Tax Insight
Find the Irish Tax Institute’s latest submissions, consultations, publications and commentary on tax administration and policy.
Minister delivers closing speech at the National Economic Dialogue on the framework for Budget 2019
Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D. delivered the closing speech at the National Economic Dialogue yesterday, where he set out the framework for Budget 2019. Minister Donohoe outlined six themes which will inform Budgetary choices. These are: How to continue to rebalance the economy towards changes that need to be made in the indigenous and domestic sector and how to respond to the very demanding […]
Institute makes submissions on LPT, Agri-tax, EII and SURE, and the Pre-Finance Bill
The Institute recently responded to three important public consultations. Firstly, in our submission to the consultation by the Department of Finance on Review of Local Property Tax (LPT), we recommended that the valuation date, exemptions and reliefs under the LPT regime should be regularly reviewed to ensure that the property tax continues to provide a stable and sustainable yield in the medium and long-term and that LPT should be deductible […]
Institute addresses Oireachtas Committee on taxing the digital economy
Yesterday, the Institute appeared in front of the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach to discuss the European Commission’s proposals on taxing the digital economy. Communications Director, Olivia Buckley stated that the breadth and pace of digitalisation in the world is such that the world’s largest bodies including the IMF, the OECD, the EU and the World Economic Forum are dedicated to understanding its impact […]
Institute responds to the “Consultation on Coffey Review”
Yesterday, the Institute made a detailed submission to the Department of Finance on the recommendations contained in Mr Seamus Coffey’s Review of the Irish Corporation Tax Code. Since Mr Coffey’s Review was published last September, we have been considering his report and working with our Policy Committee, and members in both practice and industry to formulate our response to the consultation. Given the importance of all the anticipated changes to […]
Response to the Commission’s consultation on the fair taxation of the digital economy
Today, the Institute made a detailed submission to the European Commission on the fair taxation of the digital economy. The Commission required respondents to complete a questionnaire together with a position paper on the challenges of taxing the digital economy. The Institute submission emphasised the need for international consensus to adopt a long-term solution which works for both the digital and wider economy. The Institute highlighted that it is too […]
Institute update on 2018 developments on PAYE modernisation
The new real-time PAYE regime will come into operation in 2019. In the video below, Cait Monagher, Tax Manager – Member Relations, and Mary Healy, Tax Manager – Representations, in the Institute discuss some of the key developments regarding PAYE Modernisation in 2018 in preparation for the new regime, including: The Finance Bill 2017 measures A change in the treatment of Illness Benefit Revenue’s correspondence with some employers about their […]