In October 2023 the Supreme Court delivered an important judgment on the key factors to be considered when classifying an individual’s employment status for income tax purposes.

The Minister for Finance Michael McGrath TD and the Minister for Public Expenditure and Reform Paschal Donohoe TD delivered Budget 2024 on 10th October 2023. The key changes announced in Budget 2024 are:

From 1 December 2022, the Payment of Wages (Amendment) (Tips and Gratuities) Act 2022 introduces new rules as to how employers will have to distribute tips, gratuities and service charges amongst employees. Employers will be required to clearly display their policy on how tips, gratuities and services chargers are distributed.

As part of the government’s climate action plan to lower emissions, changes have been introduced to the rules for calculating BIK on motor. The new rules apply to all motor vehicles (including electric vehicles) whether the vehicle is acquired in 2023 or in previous years.

The Minister for Finance, Paschal Donohoe T.D., and Minister for Public Expenditure and Reform, Michael McGrath T.D., yesterday presented an overall Budget package of €11 billion to address the rising cost of living facing both individuals and enterprises. A high-level summary of the budget measures is attached below, there are detailed provisions behind each measure. Please contact Helena Burke at This email address is being protected from spambots. You need JavaScript enabled to view it. or your usual GKS contact if you would like to discuss the impact of any of these measures.

Budget 2023 introduced a number of very welcome cost of living measures to seek to ease the financial burden for households for the year to come. These cost of living measures include: