Ireland: Expectations for possible initiatives in stimulus plan (COVID-19)

Ireland: Expectations, initiatives in stimulus plan

Ireland’s government is expected to announce later this week stimulus initiatives to boost economic activity following the impact of the coronavirus (COVID-19) pandemic.

1000

Related content

While the measures in a stimulus package are not yet known, there are expectations that they could include or address:

  • Pay-related social insurance (PRSI) relief to ease the impact of the COVID payment wind-down
  • Expanded credit guarantee scheme
  • Priority for infrastructure investment to provide jobs and address current “bottlenecks”
  • Reduced rates of value added tax (VAT) as support for certain consumer-facing sectors


Read a July 2020 report prepared by the KPMG member firm in Ireland

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal