Infographic — Budget 2020 analysis | PwC Ireland

Budget 2020 infographic
What was announced today?

Minister for Finance Paschal Donohoe announced his Budget against the backdrop of a possible no-deal Brexit and other external pressures. Here are the at-a-glance headlines from Budget 2020.

Objectives

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Strengthen the economy in the face of external challenges.
Animated GIF of the British Isles.
Mitigate the impacts of a potential no-deal Brexit.
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Sustainably support public services and capital infrastructure.

Business

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Commitment to Ireland's competitive corporation tax regime.
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Enhanced private business support including R&D, KEEP and EIIS.
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Stamp duty on commercial property increased from 6% to 7.5%.

Individual

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Self-employed tax credit increased by €150 to €1,500.
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Inheritance tax threshold increased by €15,000 to €335,000.
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Extension of key SARP and FED reliefs until 2022.

Economic

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€1.2bn earmarked to support key sectors impacted by Brexit.
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Increased public services spend on education, health and housing.
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Carbon tax increased by €6 to begin climate commitment journey.

Contact us

Susan Kilty

Partner, PwC Ireland (Republic of)

Tel: +353 1 792 6740

Peter Reilly

Partner, PwC Ireland (Republic of)

Tel: +353 1 792 6644

Marie Coady

Partner, PwC Ireland (Republic of)

Tel: +353 1 792 6810

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