Minister for Finance Simon Harris is set to outline a plan to encourage Irish households to invest in a special savings scheme. Photograph: Alan Betson / The Irish TimesMinister for Finance Simon Harris is set on Tuesday to unveil the outline of a plan to encourage households to invest, with money put into a special savings scheme set to attract only a small flat rate of tax – and avoid taxation on capital gains. The Swedish tax rate is currently 1.065 per cent. The aim is that all investments made within the account would receive consistent tax treatment, he will say. The plan is in line with a push by the European Commission for EU member states to adopt tax-friendly models to encourage individuals to invest.

Source: The Irish Times March 31, 2026 08:38 UTC