Tag Archives | Corporation Tax

Budget, what budget?

Reaction to the Northern Ireland budget becomes more confusing as time passes. Northern Ireland is the exception among the three devolved governments, in that pressure to adopt greater taxation powers is not coming from the local adminsistration, but from Westminster. The supposed mandatory nature of the all-party coalition can’t take the whole blame or indeed much of it more…

Corporation tax 2. They’re flying blind. Confusion reigns

The debate over what lower corporation tax for NI only would do for the local economy is in total confusion. That’s my verdict after listening to a couple of hours of frankly embarrassing evidence before the NI Select Committee. I’d got such a different impression from the chairman of Belfast Harbour Board Len O’Hagan yesterday. more…

Tax powers for Stormont, a doubtful proposition

Should the Assembly bid to Westminster to take on tax varying powers and lower corporation tax to the Republic’s level of 12.5%? Local experts appearing before the NI Select Committee were divided.  It was pretty much the magic bullet for lobbyists from the Economic Reform Group, Eamonn Donaghy of KPMG and Victor Hewitt of the Economic Research more…

TUC and ICTU oppose lower Corporation Tax for Northern Ireland

Interesting to note ICTU Deputy General Secretary Peter Bunting, now sitting on that interim NI Water Board, welcoming a TUC report critical of attempts to lower corporation tax here.  From the Belfast Telegraph report ICTU Deputy General Secretary Peter Bunting said: “This paper should once and for all lay to rest the argument by some vested more…

Irish Government Reaction to UK Budget

The Irish Minister for Enterprise, Trade and Innovation, Batt O’Keeffe, has made a couple of comments in response to the UK Budget announcement.  From the iol report The Minister for Enterprise, Trade and Innovation Batt O’Keeffe has said he is confident Ireland will not suffer from a reduction in the UK’s corporation tax. The rate more…