Minister for Finance, Paschal Donohoe, today announced a €17.75bn budget package for 2021. We have highlighted below some of the key measures outlined in today's budget speech.
If you would like to discuss any of the above measures in more detail, please contact a member of our team.
Please note: The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.
Warren & Partners are a boutique Irish tax and business advisory firm based in Ballsbridge, Dublin. Our experienced-team of tax advisors will create unique tax solutions for your specific business needs.
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In late December, Irish Revenue issued an e-brief updating their guidance regarding various Covid-19 related concessions which issued last March in relation to benefit in kind (BIK) and cross border employment matters. Several of the concessions ceased at 31 December 2020, particularly those in relation to the non-requirement to operate Irish PAYE on cross border employments. Revenue also issued further guidance on personal tax residence and an individual’s force majeure presence in the State due to Covid-19. We have summarised the key points below.
We can assist non-residents seeking to acquire Irish property through an Irish company as part of their investment portfolio.