Budget 2014 – The Eve of Progression?

It’s the eve of Budget 2014 and while the mainstream media are already speculating about the headline changes, there will be much to consider from this our seventh austerity budget in six years. A total of €2.6 billion will have to be raised and/or cut through increased taxes and reductions in departmental spending.

 

Image: agenda.ibec.ie

Image: agenda.ibec.ie

 

Mininster for Finance, Michael Noonan T.D. will be on his feet in Dáil Éireann tomorrow afternoon to deliver his plan. While in the following weeks the detail of the Finance Bill will emerge. This is where much of the detail of the Budget is to be seen.

While Ireland will finally walk away from the contraints of the bailout as laid down by EU-IMF on December 15th, there are very many nervous sectors, companies and households awaiting Budget 2014.

BDO Limerick will provide a considered and detailed breakdown of the headline changes and an analysis of what is means for business, specific sectors, households and the economy.

Stay tuned to our website and social media platforms for updates.

 

 

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BDO is a firm of registered auditors and is registered to carry on audit work in Ireland and the UK by the Institute of Chartered Accountants in Ireland. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 223876. BDO is also authorised to carry on investment business in the Republic of Ireland by the Institute of Chartered Accountants in Ireland.