The Tax Knowledge Centre is Grant Thornton’s central source for tax knowledge and up to date information and guidance on key tax matters.
The Tax Knowledge Centre informs, supports and collaborates with the tax teams in the provision of an excellent service to clients. The centre manages and shares the firm's tax knowledge and expertise across the firm and works closely with the tax specialist teams in developing and communicating the firm’s position on tax matters.
Peter Vale provides his latest view on Ireland’s exchequer returns for March 2024.
Grant Thornton Ireland has appointed Robert Fitzgerald as a new tax partner. With over 15 years of experience, Robert brings a wealth of expertise to the firm and will play a critical role in expanding its asset management and financial services tax practice.
Peter Vale provides his latest view on Ireland’s tax landscape.
Peter Vale provides his latest view on Ireland’s tax landscape.
Tax receipts for December rounded off what was another strong year for the Exchequer on the tax receipts front. All three of the main tax heads, income tax, corporation tax and VAT, posted individual record receipts. Overall, tax receipts finished the year 6% ahead of 2022. Given the relatively weak global economic backdrop, this is a very strong performance.
After several months of weak returns, the key focus today was on corporation tax. Somewhat surprisingly, given the weak receipts of the last three months, November’s corporation tax receipts have far exceeded all expectations and set a new monthly corporation tax record of €6.3bn, which was almost 27% higher than the same month last year (€5bn).