Budget 2012 is the first Budget of the new Fine Gael/Labour government. It has the difficult task of taking €3.8 billion out of the economy in 2012, whilst at the same time supporting the creation of jobs and growing the economy. This will be achieved through €2.2 billion in cuts in public spending and raising €1.6 billion in extra taxes. The government has indicated that this is the first budget in a four year path to Ireland’s recovery.
We have focussed in this briefing on the taxation measures introduced and hope that you will find it useful. Please click the attached pdf to view our briefing.
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