Ireland has published the Finance Act 2020 (Act No. 26 of 2020), which was approved by parliament and signed into law by the president in December 2020. The Act provides for the implementation of the 2021 Budget measures, including several measures already implemented in response to COVID-19:
- Personal income tax measures including:
- an increase in the Earned Income Credit from EUR 1,500 to EUR 1,650;
- an increase in the Dependent Relative Credit from EUR 70 to EUR 245;
- an extension of the Sea…