Dáil debates

Tuesday, 7 December 2010

Financial Resolution No. 23: Income Tax - Artists' Exemption

 

The reason for introducing the amount of future capital allowances by 20% in these circumstances is to take account of the fact that these allowances are now being made available faster than would otherwise have been the case. In fact, these types of schemes tended to frontload the allowances, typically with 50% of the total allowance being made available in the first year. The impact of the 20% reduction in these circumstances is modest.

Comments

No comments

Log in or join to post a public comment.