Property Investors – Landlords – Tax on Rental Income
Introduction The number of property investors in Ireland increased substantially over the last decade. Many owners are having to let out their private property for financial [...]
Introduction The number of property investors in Ireland increased substantially over the last decade. Many owners are having to let out their private property for financial [...]
In addition to your personal tax credits there are various tax credits, allowances and reliefs available to be claimed and we list each of these below: [...]
Although the property investment market is not very active at the moment there are parents now looking for a bargain and buying property for their children. [...]
The rules can be more generous here as regards the amounts paid into a scheme which will qualify for tax relief. A cap is placed on [...]
What happens if I get a Revenue Tax Audit? Our tax system is policed by means of penalties and interest charges where tax returns and payments [...]
VAT is a transaction based tax that we all suffer on an ongoing basis. There are special rules applicable to business and property matters. We do [...]
Small businesses rarely use detailed accounting systems and in reality for a "one man show" a sophisticated accounting system is not required. The Revenue (Tax Office) [...]
If you have been trading as a Sole Trader and any of the following happens then your income tax position needs to be examined: Cease or [...]
Quite often a spouse and children can be gainfully employed in a business. This can help reduce the overall tax due on the business profits and [...]
This is a very important matter and needs to be carefully considered once you have commenced business. Your taxable profit will be based on a twelve [...]