Finance Bill 2015

Public bill · Government · Introduced

Cuts the Universal Social Charge for many workers, raises the home-carer tax credit and the tax-free threshold for gifts and inheritances, extends home-renovation and farming reliefs, and introduces a lower tax rate for qualifying business income from Irish research and development. It also increases tobacco tax, changes the charge on cash withdrawals, and gives disabled drivers and passengers access to a tax-free fuel grant. Oil and gas fields licensed after June 2014 would face an additional profits-based tax, while large multinational groups would have to report their income and taxes by country and Revenue would receive stronger powers to investigate suspected tax evasion.

Formal long title

Bill entitled an Act to provide for the imposition, repeal, remission, alteration and regulation of taxation, of stamp duties and of duties relating to excise and otherwise to make further provision in connection with finance including the regulation of customs.

Last updated 28 January 2020