Press Releases

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Press Releases issued by the Department of Finance


January 1998

22 January 1998
Finance Bill 1998 - List of Measures

The Bill provides for the reduction in the standard rate of income tax from 26% to 24% announced in the Budget. (This reduction to 24% also applies to the standard rate of Deposit Interest Retention Tax (DIRT), Professional Services Withholding Tax and to collective investment vehicles and life assurance funds.)

29 January 1998
Press Release on BES and Capital Allowances

The Budget Statement of 3 December announced a number of restrictions on the capital allowances on buildings that an individual passive investor can claim against non-rental income.

February 1998

12 February 1998
Finance Bill 1998 Published

The Minister for Finance, Mr Charlie McCreevy TD, published the 1998 Finance Bill today, 12 February 1998. The Minister pointed out that the Bill gives effect to Budget day tax changes and to other changes to tax law including the series of measures published by him on 22 January in the early list of Finance Bill proposals.

17 February 1998
Finance Bill 1998 - Second Stage Speech

Finance Bill 1998 Second Stage Speech by the Minister for Finance. It gives effect to the Budget tax cuts - a Budget which cut tax rates for 1 million taxpayers by 2 percentage points, introduced a greater degree of effective tax equity by cutting back on tax shelters and gave a fillip to productive enterprise and endeavour.

17 February 1998
Finance Bill 1998 - Proposed Changes

Charlie Mc Creevy TD, Minister for Finance, met with representatives of the Irish League of Credit Unions last night (Monday 16th February 1998) to discuss the proposals on the taxation of Credit Unions in the Finance Bill, 1998.

22 February 1998
Finance Bill 1998 Preliminary List

Finance Bill 1998 Preliminary List

28 February 1998
Statement by Mr Charlie McCreevy TD on Closure of Tax Loopholes

Statement by the Minister for Finance, Mr Charlie McCreevy TD Closure of Tax Loopholes Relating to Partnerships and Trading Losses.

March 1998

24 March 1998
Finance Bill 1998 - Second Stage Speech

Finance Bill 1998 - Seanad Eireann Second Stage Speech by the Minister for Finance, Mr Charlie McCreevy TD.

April 1998

28 April 1998
Speech on Moving the Financial Resolution in the Dáil on Stamp Duty

Speech by the Minister for Finance, Mr Charlie McCreevy, TD on moving the Financial Resolution in the Dáil on Stamp Duty Changes relating to the Housing Market. As all Deputies in the House will know, the rapid escalation in house prices over the past few years has had serious adverse implications for first-time buyers.

May 1998

13 May 1998
Finance Bill No. 2 1998 - Second Stage Speech

13.5.98 - Finance ( No. 2 ) Bill 1998 Second Stage Speech by the Minister for Finance, Mr Charlie McCreevy TD.  

28 May 1998
Investor Compensation Act 1998

The Minister of State at the Department of Finance, Mr Martin Cullen TD, today announced the publication of the Investor Compensation Bill, 1998.

June 1998

05 June 1998
Economic and Monetary Union

Welcome to the EMU section of the site. Here, you will find information and publications about the euro and also details on how EMU has progressed to this point.

05 June 1998
Economic and Monetary Union Bill 1998- Press Release

Mr Charlie McCreevy TD, Minister for Finance today published the Economic and Monetary Union Bill, 1998.

August 1998

31 August 1998
Minister for Finance Welcomes Findings of IPAV Survey

31.8.98 - The Minister for Finance, Mr Charlie McCreevy TD, welcomed the findings of the survey on house prices recently carried out by the Institute of Professional Auctioneers and Valuers (IPAV).

December 1998

31 December 1998
Council Regulation (EC) No. 2866/98

On the conversion rates between the euro and the currencies of the Member States adopting the euro.