Tag Archives | Corporation Tax

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Leo Varadkar needs to stand up to the Franco-German axis for Ireland and the small nations of the European Union

Since it became clear that Angela Merkel would be re-elected as German Chancellor, there has been a re-focused approach to tax harmonisation within the European Union, driven mostly by Emmanuel Macron’s France, along with Germany. This has been covered by numerous media outlets and there is little I can add to the conversation. The argument more…

Poor little Ireland is squeezed in the battle of the titans

The  basic foundation for the Celtic Tiger and the best hope for its revival? Or a scam that makes Ireland no better than tax haven? The day of reckoning may have arrived – subject to appeal.The Commission insists that they money must be used to pay down Irish debt anyway.  Ireland backs away from treating more…

US Consulate: “We anticipate that a US trade and investment delegation will visit Northern Ireland in the first half of 2017”

The Northern Ireland Secretary of State, Theresa Villiers, has, in effect, called ‘bullshit’ on Martin McGuinness‘ claim that a proposed US investment delegation to Northern Ireland has been postponed “directly as a result of the vote” in the UK-wide EU membership referendum. Unlike the Northern Ireland deputy First Minister, echoed by his party colleague, Conor Murphy, more…

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Corporation Tax : a day late and a dollar short

Not for the first time, the vexed issue of the plan to reduce corporation tax in Northern Ireland is  in the news again in the midst of ongoing controversy about how much it will cost to implement the tax cut, and to what extent it will benefit the economy here. Corporation tax is a rare example more…

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The Chancellor leaves the NI Assembly’s Business Growth Strategy in Tatters following Budget 2016…

Earlier today the Chancellor left the Northern Ireland Assembly’s Business Growth Strategy in Tatters following the release earlier today of Budget 2016. Many of us have argued on the Slugger Platform in recent years, that the current obsession by Stormont to put all of its economic eggs in the 12.5% Corporation Tax basket was misguided more…

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The Executive needs to get its priorities straight

Craig Harrison writes for us about Executive and its priorities… With the dust settled around Parliament buildings after the Assembly voted to pass the Executive Budget 2016/17, now is a good time to reflect on the financial deal Northern Ireland is committed to for the next year. While there is much to be commended in more…

Stormont House Agreement in 140 words

Stormont House: A Progressive Unionist Alternative

PROGRESSIVE ALTERNATIVE: Lowering Corporation Tax is not the magic wand which many believe it to be, argues PUP Cllr Julie Anne Corr-Jonnson. How many will invest the tax cut in nice holidays and better cars as opposed to the creation of new jobs? There are no sanctions, no prohibitions and no guarantees.

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Corbynomics inspiration Richard Murphy on the dogma behind demands to lower NI Corporation Tax

Richard Murphy is the Quaker chartered accountant and blogger who is credited with inspiring Corbynomics. He spoke at Tax Haven Ulster: Faith, Justice & Corporation Tax in Northern Ireland, a Christians on the Left event held on Friday night in Belfast that examined the counter arguments to dropping our local rate of Corporation Tax. You more…

The Great Corporation Tax Reform Dilusion

Budget 2015 presented yesterday by George Osborne included another cut to the UK Headline Corporation Tax from 20% to 19% in 2017 and 18% in 2020 which means that the UK is now has the lowest Corporation Tax rate of the G20 Nations. The difference between the headline Rate in the Republic of Ireland and more…

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Corr-Johnston: What we need is Robin Hood when all we have is Prince John.

Corporation Tax dominated the headlines in 2014, writing for Slugger the PUP Cllr for Oldpark, Julie Ann Corr-Johnston argues for a rethink of the entire debate Corporation tax will probably go over the heads of many in our community, but it has the potential of bringing 50-60,000 jobs into Northern Ireland over the coming years-Peter more…

Belfast Harbour Up For Sale…

After some skirting around the issue consideration, and after having the idea of selling slammed as ‘shortsighted’ by the head of the Northern Ireland Science Park, it now appears today that Belfast Harbour Estate will be sold for £500m. The money will go to the Executive, presumably to fund the cut to NI’s corporation tax. more…

Sinn Fein cartoon, Brian John Spencer

Cartoon – Spencer on Tuesday

George Osborne set corporation tax on the condition that talks be resolved and fiscal responsibility be shown. A ‘Peace Fund’ sweetener is on the table too. Sinn Fein has counter-conditioned with a “shopping list” of demands. Here’s this weeks cartoon offering in response to events. Thanks to the Firemen for photoshop work.

Corporation Tax: Picking The Wrong Fight

You might notice from time to time that Foster, DETI, OFMDFM et al. have a penchant for announcing jobs…except they tend to announce a certain kind of job; big jobs, high paying jobs, important jobs, graduate jobs. It’s tough to picture the big wigs rolling down the hill to announce a greengrocers expansion or for more…

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Has Sturgeon thrown a spanner in the works over Corporation Tax?

There is increasing speculation that the Chancellor, George Osbourne is to announce that Corporation Tax powers will be devolved to Northern Ireland. All of the main parties here support the move, so you would think it would be relatively simple to do it. However, the Scottish First Minister, Nicola Stugeon might have just thrown a more…

Corporation tax powers huge test for Stormont

The word is out that the government will grant  Stormont control over corporation tax when the Chancellor makes his Autumn Statement on 3 December.  Peter Robinson is  talking with the confidence of a done deal.  David Cameron gave a broad hint this morning as he was  grilled by  all the select committees chairs in the more…