A few long standing reliefs up for discussion there like pension investment, farm inheritance, and even CGT Principal private residence
Also a few snippets to remind us of the tax and wealth base in Ireland:
Moving to all electric cars will erode the tax base by €3bn by 2030 or whatever moving target they have set for this.
Just for context this motor tax on nasty ICE vehicles is nearly 30% of the windfall Corporation tax take, that they go on to describe as ‘volatile’. A Corporate tax take of €10.9bn in a good year that is routinely used to justify the transformation of Ireland.
It also said that the move to electric vehicles puts some €3bn in motor tax at risk and warns about over-reliance on what it describes as “volatile” corporation taxes.
But when it comes to wealth in Ireland, let’s get back to more familiar ground. It still is all about the property after all these years. Talk it up, talk it down!
It said designing a successful wealth tax in Ireland might be difficult as it is estimated that 60% of wealth is wrapped up in principal private residences, which is already taxed, and 30% in other forms of property.