Budget 2021 Summary - Fortis Advisory
14th October 2020
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Budget 2021 Summary

 

Budget 2021 has been framed in the context of the COVID-19 pandemic and the uncertainty associated with a no-trade deal Brexit. Minister for Finance, Pascal Donohoe stated in his opening remarks:

"We live in an era of great uncertainty and increasing risk. Overcoming these challenges in the interests of our fellow citizens is the central task of this government"

To help you better understand how this budget affects your business and personal finances, local accountancy firm, Fortis Advisory have created a budget summary to explain the key points:

Key points:

  • Income Tax
  • Remote Working (eworking)
  • Universal Social Charge (USC)
  • Corporation Tax
  • Capital Acquisitions Tax (CAT)
  • Capital Gains Tax (CGT)
  • Share Based Remuneration Reporting
  • Stamp Duty
  • Help to Buy (HTB) Incentive
  • Value Added Tax (VAT)
  • Excise
  • Energy Products and Electricity
  • Vehicle Registration Tax (VRT)
  • Debt Warehousing
  • Covid Restrictions Support Scheme (CRSS)
Click on Downloads to read the Budget summary.

Contact Padraic O'Rafferty at Fortis Advisory to discuss how Budget 2021 can benefit your business.

☎️ 01 901 9670


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