Extended deadline for tax and social protection submissions

The deadlines for submission to public consultation on ways to improve the state’s self-financing means in the future have been extended by an additional 10 days.

The Commission on Taxation and Welfare, which is chaired by Professor Niamh Moloney, was established in October. It intends to examine how tax and social systems can support economic activity and promote increased employment and prosperity, while ensuring that sufficient resources are available to cover the costs of public services.

Wealth tax

Among the measures the commission should consider include a wealth tax and replacing the local property tax (LPT) with a larger site value tax.

Professor Moloney said the deadline for submissions to public consultations has been extended to mid-January to allow as many interested parties as possible to make their views known.

“Despite our tight deadlines, I think it is essential that we hear from as many people and organizations as possible,” she said.

“In response to the high levels of engagement to date, we have made the decision to extend the deadline for our public consultation to January 17, giving individuals and organizations more time to submit a response and have their voices heard.” , added Professor Moloney.