McGrath: New 30% tax rate will be 'examined properly' in 2023

Michael McGrath said 2022 had not been 'the appropriate time' to set out priorities for Budget 2024. Picture: Naoise Culhane

The Government will examine a new 30% middle-income tax rate in 2023, but the finance minister has refused to be drawn on whether he would support its introduction.

The new rate had been mooted ahead of Budget 2023 but was subsequently shot down, largely by the then public expenditure minister Michael McGrath, with the Fianna Fáil TD bristling at the proposal.