On 3rd November 2022, Brendan Murphy, tax partner at Roberts Nathan, analysed the Finance Bill as part of the annual Irish Tax Institute’s Finance Bill seminar. A few of the key items discussed on the day were:
1. Full details of the Temporary Business Energy Support Scheme which will apply from 1st September 2022 to 31st December 2022; the first claim for which will be due by the end of January 2023.
2. The impact of the changes to the R&D tax credit and the cash flow impact of the new refund process.
3. New proposal on returns required by employers of reportable benefits provided to employees.
For more information, please contact Brendan Murphy.