Budget 2015 was announced on 14 October 2014. It is seen as the first non-austerity budget in recent years as evidenced by cuts in the higher rate of income tax, stimulus reforms to the construction and agriculture sectors and the announcement of an enhanced intellectual property regime for companies. Its primary aim is to set out a Road Map for Ireland’s Tax Competitiveness now and into the future to, in the words of Minister Noonan, “reposition Ireland so as to be best able to reap the benefits, in terms of sustainable foreign direct investment, of a changed international tax landscape”.

Click here to read the key measures of Budget 2015 from a tax perspective.

Contributed by Brian Duffy.

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