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

Department of Finance officials are predicting that billions of euro worth of corporate tax collected in 2022 will be once-off in nature and will not be repeated next year, the Business Post can reveal.

The government had previously highlighted that between €8 billion and €10 billion in corporate tax could be “more vulnerable to shock” in general. But departmental officials and Revenue have now identified a more precise amount of business tax receipts for 2022 ...

Govt are very lax with spending our money. First they squandered money on the national hospital, then COVID (both over generous benefits fuelling inflation and wasteful covid tests) and now hotel costs for bogus refugees. Wonder will public accept above if asked to pay for it.

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Tom Maguire: Finance Bill’s changes to R&D could go further for start-upsBoosting 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, writes Tom Maguire tommaguire1000
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