Finance Bill 2020 next steps

Oct 27, 2020

Finance Bill 2020 Dáil Second Stage is scheduled for Wednesday 4 and Thursday 5 November. Committee Stage is scheduled for 17, 18 and 19 November. The Report Stage is scheduled for 2 and 3 December and the Seanad Report Stage is scheduled for 16 December. The requirements of the European Union’s Two-Pack budgetary schedule a common budgetary timeline applies to all EU Member States. As a result, there is a considerably short timeline of 65 to 70 days in the finance act process.  Finance bills complete passage through the Oireachtas by 31 December each year. This truncated process can give rise to instances of poor-quality tax laws which generate difficulties for Irish taxpayers. We have made representations to Government on these problems in past bills and will do so again considering Finance Bill 2020.