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Tax Proposals in Budget 2024

The Minister for Finance on 10 October 2023 introduced the 2024 budget that includes various measures concerning income tax, business tax, capital gains tax, and indirect taxes.

Indirect tax

  • Temporary 9% value added tax (VAT) rate currently applicable to supplies of gas and electricity extended for an additional 12 months.
  • Increase in VAT registration thresholds to €40,000 and €80,000 in relation to the respective supplies of services and goods from 1 January 2024…

Source: KPMG

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