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Budget 2013

 

Jobseekers Allowance to be Cut for those Under 26

Posted on October 15, 2013 30 Comments

Budget 2014  changes to Jobseekers Allowance for under 26 year olds: Currently any claimant aged 18 to 21 gets €100 a week and those aged 22 to 24 get €144 . The full rate of €188 a week is paid to those aged 25 or more. The  Budget 2014 changes will mean that from January […]
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Categories: Budget 2013, Budget 2014, Jobseekers, Welfare Benefits

 

Budget 2014 : Income Tax Exemption for Unemployed Starting a Business

Posted on October 15, 2013

Start Your Own Business Scheme In Budget 2014 a new scheme was announced that will grant an exemption from Income Tax for unemployed people who set up their own business. The exemption will apply on income up to a maximum of €40,000 per annum and will last for  a period of two years.  To qualify […]
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Categories: Budget 2013, Income Tax

 

Budget 2014 : DIRT increased to 41%

Posted on October 15, 2013

Deposit Interest Retention Tax has been increased to 41% in Budget 2014.  The increased rate will apply to payments made on or after 1 January 2014. The same 41% rate will apply to  Exit Taxes on Life Assurance Policies and Investment Funds More Budget 2014 Details Here  
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Categories: Budget 2013, Budget 2014, DIRT

 

Budget 2014: 9% VAT Rate Extended

Posted on October 15, 2013

The rate of VAT was cut to 9% on various tourism related services in Budget 2013 .  Minister Noonan announced in Budget 2014  that this reduced VAT rate will not expire in December 2013 . It was due to increase to 13.5%. The areas affected include hotels, restaurants, newspapers etc.
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Categories: Budget 2013, Budget 2014, VAT

 

Budget 2014 – Sunday Cabinet Meeting

Posted on October 13, 2013

A special Cabinet meeting will be held today to finalise details of Budget 2014 which is due to be announced in just 2 days time – on Tuesday 15th October. Both Enda Kenny and Michael Noonan said over the weekend that there will be some good news in the Budget . Michael Noonan was reported […]
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Categories: Budget 2013, Budget 2014

 
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