Monthly Archives: October 2016

HLB MCKEOGH GALLAGHER RYAN HAVE LAUNCHED THE CAHERMURPHY WINDFARM 2016 EIIS INVESTMENT OPPORTUNITY. Following 2015’s successful fundraising for two wind farm projects (raising nearly €3m in EIIS investment) we have another EIIS windfarm investment opportunity for prospective investors looking to secure up to 40% all-income tax relief against their 2016 income.

Small Mercies Analysis of Budget 2017 Given the global uncertainties facing Ireland, particularly since our UK neighbours voted for Brexit, Budget 2017 was always going to be a relatively conservative one. Taking this into account we should probably be grateful for the small mercies afforded to taxpayers in this budget. These include measures such as:

Guillotine Provisions

Termination of Carry Forward of Certain Unused Capital Allowances 2015 Tax Year is the first year that your clients will feel the effect of the 2014 “guillotine” on certain capital allowances.

Budget 2017

Minister Michael Noonan TD and Minister Paschal Donohoe delivered Budget 2017 to Dáil Éireann on 11 October 2016. Click here for a summary of Budget 2017 produced in association with Chartered Accountants Ireland. If you have any queries on Budget 2017 please contact a member of our tax team who will  be happy to help

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