Budget 2022: something for everyone but is it enough?
After much speculation, leaks and spinning, the budget is finally out and on this episode of the Budget Briefing, Sorcha Corcoran is joined by economist Jim Power, Kevin McLoughlin, Partner & Head of Tax, EY Ireland and Neil Gibson, Chief Economist, EY Ireland to help sift through the detail and find out what money has gone where and how businesses and the economy will be affected by the government’s plans.
“What I took away from this budget,” Neil Gibson explains on the show. “Was it was beginning to change the narrative to the budget is about Ireland Inc or the world around us, not just can I look in the ready reckoner and see whether I've €2, €4, €6, €10 more or less? Now we'll never fully come away from that of course, but I think that was an interesting tonal message. It felt more like a state of the nation type address almost than a budget with the sort of theatre and pantomime you normally expect with one of those. So I thought that was probably the most interesting thing.”
Listen and follow The Budget Briefing on Apple, Spotify or wherever you get your podcasts from.
The Budget Briefing is in association with EY Ireland.
Produced on behalf of Mediahuis Ireland by LastCastMedia.com.
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The economy is on the up but so too is inflation and costs – looking ahead to Budget 2022
On the first episode of The Budget Briefing, business journalist, Sorcha Corcoran looks ahead to what Budget 2022 will bring and is joined by economist Jim Power, Kevin McLoughlin, EY Ireland’s Head of Tax and Annette Hughes, EY Ireland’s Director of Economic Advisory Services, to discuss what businesses and taxpayers are hoping and expecting in the midst of uncertain times.
With society and businesses opening up again in the wake of Covid and despite the hit to the government finances, tax cuts and pension increases are on the agenda once more, but is it sustainable? And what of housing, transport and the SME sector? How will they be affected after the Minister for Finance's budget speech on October 12th?
“This budget is something that is going to be very challenging,” Annette Hughes explains on the show. “The increase in inflation might limit the scope to which the government can start to increase taxation given that inflation is already rising and the costs of living is rising…I think really important for me is that we don't jeopardise the future generations with high levels of debt. So it's about having a medium term, sustainable, economic growth trajectory and ensuring the debt is well-managed and sustainable over the next number of years.”
Listen and follow The Budget Briefing on Apple, Spotify or wherever you get your podcasts from.
The Budget Briefing is in association with EY Ireland.
Produced on behalf of Mediahuis Ireland by LastCastMedia.com.
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The Budget Briefing Trailer
Just what will Budget 2022 bring? With society and businesses opening up again in the wake of Covid and despite the hit to the government finances, tax cuts and pension increases are on the agenda once more.
But is it sustainable? And what of housing, transport and the SME sector? How will they be affected after the Minister for Finance's budget speech on October 12th?
Join business journalist, Sorcha Corcoran, and a panel of economists and experts for the Budget Briefing series, in association with EY Ireland.
Produced on behalf of Mediahuis Ireland by LastCastMedia.com.
What will this year's Budget bring and how will businesses and taxpayers be affected? Hear from a panel of economists and experts on the Budget Briefing series that will give you the information you need to know.
Presented by business journalist, Sorcha Corcoran and in association with EY Ireland.
Produced on behalf of Mediahuis Ireland by LastCastMedia.com.
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