OCTOBER DATE FOR 2014 IRISH BUDGET

Man Filling out Tax FormMr Noonan the Minister for Finance has confirmed that Budget 2014 will be brought forward to 15th October 2013.

The move in the budget date to October from December is necessary under new eurozone surveillance rules known as the “two-pack”.

There will be a transitional eighteen month period to bring the pay and file self assessed tax returns into line with the new budget date.

2013:The file and pay date will remain the same this year.

2014: The self assessed tax returns will be filed earlier in 2014 

               It is unclear at present whether any tax payable will be due to be paid earlier.

2015: Both pay and file of self assessed tax returns will be due at the earlier date.

              This will give the Government all the information it needs before Budget 2016.