Finance Bill 1998

Public bill · Government · Presented

Finance Bill 1998 changes Ireland’s tax system across income tax, corporation tax, capital gains tax, VAT, stamp duty, inheritance tax, vehicle registration tax and excise duties. It reduces income-tax rates and increases several personal allowances, cuts the main corporation-tax rate to 32%, and introduces or expands tax reliefs for long-term unemployed people, donations to disadvantaged schools and charities, renewable-energy projects, nursing homes, airports, fishing boats, and urban and rural regeneration. It also changes duties on fuel, tobacco, betting and other goods, tightens rules on some tax reliefs and employee share schemes, improves cooperation between Revenue authorities across European countries, and sets clearer rules for tax refunds, appeals and unpaid tax interest.

Formal long title

Bill entitled an Act to charge and impose certain duties of customs and inland revenue (including excise), to amend the law relating to customs and inland revenue (including excise) and to make further provisions in connection with finance

Last updated 20 November 2019