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Ireland's 2017 Budget Presented to Parliament

13 October 2016

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Proposed Changes

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Ireland

Ireland's Minister for Finance Michael Noonan delivered the financial statement for the Budget 2017 to the Dáil Éireann (lower house of parliament) on 11 October 2016. The main tax-related measures include: Entrepreneurial relief will be improved with a reduction of the reduced capital gains tax rate from 20% to 10% on up to EUR 1 million in chargeable gains from the sale in whole or in part of a business; The lower three rates of the Universal Social Charge (USC) will each be reduced by 0.5% and the threshold for the third rate will be increased to keep minimum wage...