ieExplains: How will the new Government saving scheme work? - News Summed Up

ieExplains: How will the new Government saving scheme work?


Finance minister Simon Harris held the first annual Savings and Investment Forum earlier this week to seek opinions from stakeholders on his plans for a new personal investment account. What is Simon Harris proposing? As finance minister, Mr Harris has said he is concerned about the €170bn sitting on deposit in Irish bank accounts. However, the difference between the Government-backed accounts and the traditional savings accounts is that a different tax regime would be applied. According to Simon Harris, the main attraction of the account is that it will make investing easier.


Source: Irish Examiner April 04, 2026 09:00 UTC



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