The economy has recovered strongly but it's a"little early to describe it as a boom", the Finance Minister has said.indicated the economy will continue to grow strongly in the coming years.
However, the minister argued the scheme has played a “vital role” in keeping businesses viable during closures and extended periods of restrictions. Minister Donohoe said that measure alone will cost €210m, and suggested a number of changes already announced in the budget will also help with the situation.
Under the scheme, businesses have been able to “warehouse” their VAT and PAYE liabilities and any wage subsidy overpayments. “Revenue will then agree - taxpayer by taxpayer - an appropriate tax payment and settlement plan that will, of course, reflect the circumstances of each company."
Source: News Formal (newsformal.com)
It’ll be alright in successive October’s. These guys are completely and utterly detached from all aspect of reality.
PatKennyNT Is that a fact, maybe Paschald personal economy has recovered but my one is watching inflation and the cost living skyrocket.
PatKennyNT Unless you are Paul Reid or Robert Watt, then it’s a Boom Booom baby…
PatKennyNT Newstalk has claimed it was a boom repeatedly.
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