The key response in Budget 2018 to Brexit was the introduction of a new Brexit Loan Scheme. Up to €300 million in loans will be available at competitive rates to SMEs to help them with their short-term working capital needs. The Minister also announced a €25m fund targeted at the development of further Brexit loan schemes for the agri-food sector.
The Minister announced plans for a new share based remuneration incentive for unquoted SME companies on Budget day, which is legislated for in the Finance Bill - see separate section "KEEP"
Regretably, there were no changes to CGT Entrepreneur Relief – the lifetime limit of chargeable gains eligible for the 10% rate remains at €1m.
The 9% VAT rate for the hospitality sector is retained.
Return to: Budget 2018 Analysis
Brexit VAT & Customs Update - April 2022 1.97 MB
At the second event in RBK's Lunchtime Series, we took at look at Brexit, One Year On - What have we learned?Irish & UK VAT and Customs – Common Pitfalls and Practical Solutions.Speakers included Nigel Roberts, Director of VAT & Indirect Taxes at Scotland's largest independent firm of Chartered Accountants and Business Advisers, Johnston Carmichael, Brian McNamara, Managing Director of customs clearance experts, Swiftfile and RBK's Ronan McGivern, International Tax & Business Advisory Partner who shared practical insights and provided guidance in relation to Irish VAT, UK VAT and Customs considerations.
Download25 April 2022 UCD University Club, UCD, Belfield, Dublin 4
Irish & UK VAT and Customs – Common Pitfalls and Practical SolutionsRBK Chartered Accountants are delighted to continue our series of monthly in-person / hybrid…
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