Key highlights and expectations for Budget 2025

Budget 2025 will be announced on 1 October 2024 having been brought forward from its normal slot in the calendar by one week. This year’s Budget is more eagerly anticipated than normal coming as it does in advance of a general election.

Recent weeks have seen the release of the Government’s Summer Economic Statement and Tax Strategy Group Papers. These have set out the size and scope of the tax spending to be delivered on 1 October 2024. The details of the tax measures to be included in the €1.4 billion package have yet to be confirmed.

Grant Thornton's tax experts outline changes they would like to see included in Budget 2025 by the Minister for Finance.

Watch our video series to gain an insight into the critical decisions we would like to see taken at domestic and EU level to help the people and businesses of Ireland prosper at this unique moment in the global economy. 

1.

VAT proposals to assist housing and hospitality sector

Janette Maxwell, Indirect Tax Director, discusses how EU Tax Policy could help alleviate the housing crisis and and considers actions that can help the hospitality sector.

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2.

Budget 2025 - Funds Sector

Robert Fitzgerald, Financial Services Tax Partner, looks at what may emerge from the upcoming Funds Sector 2030 Review and what it can do for this hugely significant Irish industry.

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3.

How Budget 2025 can strengthen the FDI sector

Sarah Meredith, International Tax Partner, considers key measures that can strengthen the FDI sector including lower marginal tax rates and reduced complexity.

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4.

Boosting indigenous business: potential policy measures

Úna Ryan, Transactions and Corporate Advisory Director, examines possible measures to boost the indigenous business sector.

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