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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Budget 2013
Budget 2014 : DIRT increased to 41%
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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Budget 2014: 9% VAT Rate Extended
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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Budget 2014 – Sunday Cabinet Meeting
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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Budget 2014 – What Can We Expect ?
Budget 2014 – What Can We Expect? Here are a few of the forecasts and predictions (guesses) of what could be in Budget 2014 (It will be announced on October 15th 2013 but most of the changes won’t take effect untul January 1st 2014.) 1) The 9% VAT rate that was implemented to boost the […]
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