At time of writing (mid-November), the 2019 Finance Bill is meandering through the Oireachtas. In broad terms, it was a quiet budget day on 8 October last in tax terms due to stated concerns about the potential impact of a no deal (or “hard”) Brexit.
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Minister Donohoe announced the availability of €1.2 billion to support those most affected if a no deal Brexit happens, with about half that for the agriculture/enterprise/tourism sectors and badly hit regions.

​A very brief outline of tax changes to date (under summary headings) is:...

If you are an online business, the laws applicable to you vary slightly from bricks and mortar stores. One difference is that a customer who buys from an online store is entitled to a refund if they simply change their mind. Thanks to the EU Consumer Rights Directive, you have 14 days from the date you receive the item to notify the online business that you want to cancel. You then have a further 14 days to return it, in good order, to the seller. 

Capital Acquisitions Tax (CAT) has changed drastically since 2008, giving rise to substantial tax due in the passing of an estate. Subsequently, life companies have emerged with improved tax efficient solutions.

Changes in Taxation
In 2008, a child could inherit up to €521,208 free of tax with any surplus subject to taxation at just 20%. Today, a child’s taxfree inheritance is limited to €320,000, with any surplus subject to taxation at 33%.

On the 10th October 2019, the Taoiseach, Leo Varadkar T.D. and the UK Prime Minister, Boris Johnson M.P. announced that they could see a “pathway to a possible deal” on Brexit. The EU and the UK have agreed to intensify discussions over the coming days in an attempt to agree an orderly withdrawal of the UK from the EU. The outcome of these negotiations is still very uncertain.

In the absence of any transitional arrangement, Revenue intend to operate on the basis that customs procedures apply from “Day 1” - 1 November. In the panel discussion at the Institute’s recent event on Customs and Preparing for Brexit, Celine O’ Neill from Revenue’s Brexit Policy Unit outlined some practical issues for businesses preparing for customs, including: ​