BUDGET

Increase In Rent Tax Credit & Childcare Cuts Announced In Budget 2024

In a highly anticipated budget reveal, Finance Minister Michael McGrath has introduced a comprehensive package for the upcoming year worth €14 billion. Among the noteworthy announcements are a reduction in the Universal Social Charge, enhancements to the renter’s tax credit, and increased winter energy credits. Acknowledging the financial strains on many households due to ongoing … Read more

European Commission approves €1.2 billion energy support scheme for businesses

The European commission has approved the Government’s Temporary Business Energy Support Scheme (TBESS). The TBESS, as announced on Budget day, will assist businesses with their energy costs during the winter months. The TBESS will cost approximately €1.2 billion and The scheme will be administered by the Revenue Commissioners. The scheme will be open to businesses … Read more