The Finance (No. 2) Bill 2023 implements the budget 2024 income tax package, which increases a number of income tax credits, such as the personal, employee PAYE and earned income credits. The research and development tax credit is being increased from 25% to 30% so as to maintain the net value of the credit for businesses subject to the EU minimum effective tax rate.
The finance Bill gives effect to the tax changes announced in budget 2024, in addition to a number of other important provisions and changes to the tax code. On income tax, I know that Senator Kyne and others have voiced their support for the personal income tax package.
Key terms by TF-IDF across 5,677 words from 12 speakers. The summary quotes the highest-scoring sentences verbatim — nothing is paraphrased.
Tellers: Tá, Senators Robbie Gallagher and Joe O'Reilly; Níl, Senators Paul Gavan and Lynn Boylan.
| Question | Result | Tá–Níl |
|---|---|---|
| Amendment put: | Lost | 9–18 |
| Amendment put: | Lost | 9–19 |
Party shown is the one each member held on 2023-11-28, frozen by a dated join — not their party today. The Oireachtas API publishes no date of birth and returns an empty gender field for every member in this period, so no age or gender breakdown is shown.