Noonan announces '10 point tax plan' for SMEs; interrupted mid-sentence by FF's McGrath
Minister Michael Noonan is bringing forward a 10 point tax plan for Small and Medium Enterprises.
It will include:
- Reform of Corporation Tax relief for startups
- improve cash flow
- an R and D tax credit
Noonan added: "work is ongoing on the PlusOne initiative which will encourage employers to help those long-term unemployed."
Meanwhile, Minister Noonan is introducing a rebate on diesel from July 1, targeted at the haulage sector, to be fully policed to ensure tax compliance.
In an unprecedented move, Noonan was interrupted mid-speech by Fianna Fáil's Michael McGrath.
The FF finance spokesman said it was a 'disgrace' that copies of the budget were not distributed to the opposition.
