 |
| Registered to
carry on audit work and authorised to carry on investment
business by the Institute of Chartered
Accountants in Ireland |
|
BUDGET
2003
The
headlines...........
Personal Tax
 | Income
Tax Rates unchanged |
| Small increase in Employee tax
credit (formerly PAYE allowance) |
| PRSI ceiling increased |
| PRSI introduced on "Benefits
in Kind" - e.g. company cars, club subscriptions, Christmas
Gifts etc
| Annual mortgage relief for first
time buyers increased |
|
Indirect Taxes
| 12.5% Vat rate goes to
13.5% |
| Excise
Duty increases for
alcopops, cigarettes, spirits, and Diesel |
| Big increases in Stamp duty on
credit cards, Laser and ATM cards |
Companies
| Standard rate of corporation tax
reduced from 16% to 12.5% |
Property
Taxes
|
2004
deadline confirmed for Rural & Urban Renewal Schemes
|
|
Holiday
Home tax incentives scrapped |
|
Hotel
tax incentives curbed |
| Changes
in Stamp Duty for non-residential property |
Capital
Gains Tax
| Earlier CGT Payment
Dates unveiled
|
| Roll-over Relief is
abolished.
|
| Indexation for CGT to be
restricted
|
| Tax Loopholes Closed |
Other
| No change in SSIA scheme |
| New levy on Banks |
Click
this link for BUDGET 2002
Information
|
|
