Ireland Gazettes 2023 Act Finance No. 2

The Irish Official Gazette Dec. 22, 2023, published Law No. 39 of 2023, Finance (No. 2) Act 2023, implementing Budget 2024. The law includes measures: 1) increasing the individual income tax standard rate band for single persons by 2,000 euros (US$2,183), and increasing the personal tax credit by 1,000 euros (US$1,091), with commensurate increases for other earners; 2) increasing the rent tax credit to 750 euros (US$818) from 500 euros (US$545), with additional increases for jointly assessed units; 3) increasing the R&D tax credit rate to 30 percent from 25 percent; 4) increasing the VAT registration threshold to 40,000 euros ...