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
Our offices are strategically located to service our market and are easily accessed from any location nationwide.
Boole House, Beech Hill Office Campus,
Clonskeagh, Dublin 4,
D04 A563, Ireland
RBK House, Irishtown
N37 XP52, Ireland
RBK House, Castle Street,
F42 NR79, Ireland