Finance Bill 2012 - Job creation the primary objective

Finance Minister Michael Noonan yesterday published the Finance Bill, 2012, to give effect to the taxation measures announced in December’s budget.

As a result its changes were well flagged and there were essentially no surprises.

The primary purpose of the budget was to support job creation, both in the short term and in the long run, according to the minister. The ultimate aim is to help to reduce the budget deficit in order to generate a sustainable economy and regain our fiscal autonomy.