Irish citizens and businesses will face higher taxes by the end of March, as
the government rushes in an emergency budget to shore up revenues.
The latest available figures paint a dire picture – revenue for the first two
months of 2009 was euro1.8bn lower than the 7.5 bn the government collected in
the same period last year.
Cabinet ministers opted to raise taxes rather than breach the government’s
euro18 bn borrowing target, which it describes as ‘important for the country’s
The government wants to run a budget deficit of no higher than 9.5% of gross
domestic product in 2009.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed