Finance Minister Paschal Donohoe delivered his 2018 Budget speech on Tuesday afternoon.
There was much focus on the Housing market, with significant funds set aside for building of new social housing. A new vehicle known as Home Building Finance Ireland (HBFI) will increase the availability of debt funding to commercially viable residential development projects. Key announcements in relation to the property market are:
From a general tax point of view, some small changes were made to tax bands and USC rates.
There were some other points for businesses to note.
The above are some of the key headline points arising out of the budget, should you have any queries in relation to any of these please contact Sean or Noel on 016994453 or 0044 28 8775 5880, or by email email@example.com.
T: 028 8775 5880 | (ROI) 016994453
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