Latest News
What is Capital Gains Tax?
Tax on Capital Gains At its simplest, Capital Gains Tax in Ireland is a tax on gains that arises from the disposal of capital assets, for instance such as land, buildings and shares. A disposal means a transfer of ownership whether by means of a sale, gift, exchange...
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Changes to Civil Service Rates and Bands
Some significant changes to the civil servant travel rates were introduced on 1st April 2017. As well as the public sector, these changes will also impact voluntary organisations and all private sector businesses that reimburse their employees for business motoring...
read moreSUSI – A quick guide to applying for college grants
The sun is shining today again, the Leaving Cert must be just around the corner - It’s SUSI time!! Will they get the points? Will they get the course? And maybe just as important, will they get the grant? Since 2012, Student Universal Support Ireland or SUSI as it is...
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Deadline approaching for qualifying disclosure of under-declared offshore assets
You may recall that Revenue recently wrote to hundreds of thousands of taxpayers inviting them to review their tax returns and consider whether they need to make a disclosure in relation to any undeclared or under-declared offshore income, gains or assets. Offshore...
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Tax clearance goes electronic
Applying for a Tax Clearance certificate in Ireland The new RoI electronic tax clearance(eTC) regime became fully operational on 1st January 2016. All new applications for tax clearance certificates (TCC) must be made through the eTC system. In future, Revenue will...
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3 things you should know about inheritance tax
It shouldn’t be a surprise that Ireland has one of the highest inheritance tax rates in the world. Many families don’t plan adequately for passing assets to the next generation and this can be a very costly mistake for those left behind. There are 3 main things you...
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E-Cigarette users – get non-smoker rates for life assurance – but time is running out!
Have you or someone you know quit smoking for over 12 months or solely used E-Cigarette for 12 months. If so, you could save 50% on your life insurance by qualifying as a non-smoker. Smokers typically pay around 50% more for life cover than non-smokers. That’s a...
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An alternative to low interest deposit accounts
Do you have money sitting on deposit in the bank earning little or no interest, or worse still in a current account doing nothing at all? If you do then the new Easy Access Investment Bond from Zurich may be of interest to you. Interest rates are at historic lows and...
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Whole of life policies – a ticking time bomb?
As the name suggests, a whole-of-life insurance policy continues in force until you die, at which point the insured amount is paid out. That of course is on the important assumption that you continue to pay the policy premium up to the date of death. And therein lies...
read morePrincipal Contractors – Beware of much stiffer RCT penalty regime from 1st January 2015
Revenue recently issued guidelines on a new tougher regime for penalties on Principal Contractors who fail to operate RCT correctly on payments to subcontractors. A Principal Contractor must not make a payment to a subcontractor without operating RCT. If they do, they...
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