3 PQs answered with 1 reply 15 July 2025
This is a complex area of taxation that encompasses a wide breadth of tax legislation on domestic funds, life assurance products and offshore funds. Detailed consideration is therefore being given to the best way to bring about the necessary reforms and to support a greater level of retail investment in capital markets. It is likely, given the breadth of the Funds Sector 2030 Report, and the work involved, that where appropriate tax measures are identified, the delivery of those measures may take place over multiple Finance Bill cycles. This work will also take account of developments at an EU level in respect of the Savings Investment Union.
hat's a huge kick the can down the road
It has already been said, here's a response from a couple of months ago (and I notice the SIU was mentioned at that point too).Is that (excluding the bit about SIU accounts) not the same as has been said to date?
because its Pascal Donohue he is just a spoofer now, If Michael Mcgrath or Jack Chambers were there I bet there would be movement on it, Donohue is just dragging his feet as usualYes, any PQ over the last few months has had almost exactly the same reply.
Because they probably see that as privileging investment income with an unacceptably low tax rate relative to earned income.Why don't they simply cut the 41% to 33%?
Because they probably see that as privileging investment income with an unacceptably low tax rate relative to earned income.
because its Pascal Donohue he is just a spoofer now,
well it should be a project of interest for him, he is minister of finance and his predecessor Michael Mcgrath set up the review on this very issue. He is just drifting along now like much of the administration here with some exceptionsI tend to agree that Pascal doesn’t particularly care about this.
There are obviously bigger issues but it’s not really a project of interest for him.
I feel he has kind of checked out in general.
Only 140 individuals out of 5,000,000 responded to that review. He isn’t the only one disinterested in fairness. We need to be realistic about where (or if) this appears on the top 1000 things voters want to see the government act on.well it should be a project of interest for him, he is minister of finance and his predecessor Michael Mcgrath set up the review on this very issue
I feel he has kind of checked out in general.
Interestingly I know of Harris from his YFG days. He was very much considered a dud and it’s shocking to most how he got there.Harris ran rings around him when Varadkar abandoned all hope and resigned,
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