On Friday 24 July, the Department of Finance published the Financial Provisions (Covid-19) (No. 2) Bill 2020 and Explanatory Memorandum which underpin the measures announced by the Government in the July Jobs Stimulus on Thursday 23 July.

The Irish Government’s July Jobs Stimulus package reflects many of the proposals included in our position paper “The Next Financial Year: Making Irish Business More Competitive”, which was distributed to all Oireachtas members and relevant government departments earlier this month.

The Bill passed through the Oireachtas at the end of July, with no Committee Stage amendments made by the Minister for Finance. The Financial Provisions (Covid-19) (No.2) Act 2020 was signed by the President on Saturday 1 August.

Revenue also published a leaflet containing a summary of tax measures contained in the July Jobs Stimulus.