The Department of Finance is today publishing the Tax Strategy Group Papers and an Income Tax Reform Plan.
The Tax Strategy Group is in place since the early 90’s and is chaired by the Department of Finance with membership comprising senior officials and political advisers from a number of Civil Service Departments and Offices.
Papers on various options for tax policy changes are prepared annually by Department of Finance officials and all previous papers going back to 2006 are available on the Department’s website. The Tax Strategy Group is not a decision making body and the papers produced by the Department are simply a list of options and issues to be considered in the Budgetary process. Papers relating to PRSI and social welfare issues are also prepared for the Group by the Department of Social Protection.
In line with the Government’s commitment to Budgetary reform including greater engagement with the Oireachtas, the Tax Strategy Group papers are being published in advance of the Budget to facilitate informed discussion. In previous years they were published after the Budget.
The Department of Finance is also publishing an Income Tax Reform Plan as referenced in the Program for Partnership Government, setting out options for Government in the area of income tax in line with the Government’s commitment to continue to phase out the USC.