Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D. yesterday delivered details of Budget 2020.
Against a backdrop of European political uncertainty, he said that ‘Brexit is the most pressing and immediate risk to the economy and today’s Budget has been influenced by the increasing likelihood of a no deal scenario’.
As expected, there were no pension related changes announced in the Budget. Though the last of the agreed reductions in the rate of Deposit Interest Relief Tax (DIRT) will take place as scheduled.
Our annual Budget 2020 – Summary is now available for download. We hope you find it useful.