Budget 2021 Tax Strategy Group papers

Sep 21, 2020

The Tax Strategy Group papers for Budget 2021 were recently published. The income tax papers include a review of the tax treatment of flat rate employment expenses, trade union subscriptions and professional subscription fees. The corporation tax papers provide an update on Ireland’s Corporation Tax Roadmap. Budget options for self-employed PRSI contributions and carbon tax are explored. Options to restructure VAT rates are also set out along with a paper dedicated to Brexit readiness.

The Tax Strategy Group is not a decision-making body and the papers produced are simply a list of options and issues to be considered in the Budgetary process. All twelve papers can be accessed on the Department of Finance’s website.