Rebound in economic growth forecast to close budget deficit
State factors in €2 billion reduction in annual corporation tax revenues
Stay updated with breaking news from Stability Programme Update. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
State factors in €2 billion reduction in annual corporation tax revenues
Analysis: Corporate tax threat and cost of Covid supports make for grim financial outlook There was little to be cheerful about in the latest Stability Programme Update with changes to the corporate tax regime on the horizon as the pandemic continues to hit 14th April, 2021 Minister for Finance Paschal Donohoe said he hoped there would be time for the public finances to recover from the impact of the pandemic before the full impact of the international corporation tax changes hit home. The storm clouds are gathering when it comes to Ireland’s 12.5 per cent corporatio...
Finance Minister contemplates long-term 'scarring effects' for economy from Covid The Stability Programme Update is forecasting GDP growth of 4.5% for this year. By Rónán Duffy Wednesday 14 Apr 2021, 5:33 PM 4 hours ago 9,516 Views 24 Comments Finance Paschal Donohoe Image: Sasko Lazarov/RollingNews.ie THE DEPARTMENT OF Finance has warned that it is too soon to predict the long-term impact of Covid-19 on the economy. Publishing the Stab...
Cantillon: New health advice on AstraZeneca has implications for lives and livelihoods
Budgetary Oversight Committee - Opening Statement by Minister for Finance, Paschal Donohoe, T.D. Introduction Chairperson, Members – let me begin by thanking the Committee for the invitation to appear here today to discuss the current framework for parliamentary engagement in the budgetary process. I welcome the opportunity to discuss your interim report and I look forward to a fruitful and positive exchange. Firstly, I note the recommendations set out in the Committee’s report and am happy to respond to those directed towards my Department, and to consider them in the context of this eng...