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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Budget 2013
Budget 2014 – Will 9% VAT rate be Retained?
Back in July 2011 a lower rate of VAT (9%) was introduced certain goods and services to try and boost the tourism sector . (The 9% VAT rate applied to restaurant and catering services; hotel and holiday accommodation; admissions to cinemas, newspapers etc). Prior to July 2011 – the rate of VAT on these type […]
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Budget 2014 Date
As expected – due to EU budgeting rules – the date of the Irish Budget for 2014 is going to be a lot earlier than the ususal first week of December. Minister Noonan confimed in April that the Government is going to bring Budget Day forward to “on or before the 15th of October” each […]
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Budget 2014 – €3.1 Billion of Cuts and Taxes
The Budget for 2014 is due to be announced on October 15th 2013 – and it is expected to reveal adjustments totalling €3.1 billion . The busget adjustmenst are expected to be made up of spending cuts of €2 billion and tax increases of €1.1 billion. This is following on from the “adjustments” of […]
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Universal Social Charge Amounts for 2013
Budget 2013 introduced higher rates of USC for some people earning over €60,000 a year. The changes affect those people with medical cards and those over 70 – who were previously paying a capped rate of 4% USC – they will now pay the same top rate USC as everyone else – 7% The rates […]
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