Latest News
Reminder: Contact Revenue Commissioners with Property Tax queries before Wednesday
If you haven't yet paid your Local Property Tax, then the Revenue Commissioners are urging you to get in touch with them before Wednesday's deadline. Speaking on RTÉ's Today with Sean O'Rourke programme, Vivienne Dempsey, Local Property Tax Manager with the Revenue...
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Big changes to tax relief on transfer of Farmland from 1st January 2015
Many farming assets are passed to the next generation with little or no Capital Acquisitions Tax liability (CAT is a tax on gifts and inheritances – current rate 33%). The main reason has been the availability of “Agricultural Relief”, but these rules are changing...
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Great free opportunity for women in business.
Going for Growth are now looking for ambitious women entrepreneurs who would be interested in participating in the 7th Cycle of the Going for Growth initiative. Over 350 women entrepreneurs have already participated in pervious cycles of going for growth in almost...
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Last chance for Caledonian Life 5% discount on Term Assurance
The good news is that Caledonian Life have a special 5% discount on Term Assurance…. the bad news is that it closes on Friday September 19th! The price match plus 5% off only applies to Term assurance and not Specified Serious Illness or Mortgage Protection cases, but...
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Countdown to eDay on 19th September!
The countdown to eDay is in its final phase – Central Government and State agencies, as well as local authorities, will stop issuing and accepting cheques from businesses from Friday 19th September. If your business hasn’t already made the change, then you will face...
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Second-homeowners risk penalty of €7,230 as NPPR amnesty ends
If you are a landlord or own a holiday home you could be facing penalties of up to €7,230 if you don’t’ settle outstanding NPPR charges before August 31st 2014. The Non Principal Private Residence (NPPR) charge of €200 was introduced in 2009 and applies to people who...
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Employers – Your obligation to maintain a ‘Register of Employees’
Did you know that Employers have a statutory obligation to keep and maintain a Register of Employees? And that failure to produce the Register when requested by a Revenue Officer could result in fines of up to €4,000. A Register of Employees, must include the...
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Mortgage Interest Relief – Changes hit hardest at those in mortgage difficulties
If you are in receipt of mortgage interest relief at source (known as TRS – “tax relief at source”) you may have noticed a monthly TRS credit on your mortgage statement. This effectively reduces your mortgage balance by the amount of TRS received. Until recently, this...
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Time fast running out to avoid increased DIRT rate
Savers were one of the biggest losers in the October budget. With effect from January 2014 the Deposit Interest Retention Tax (DIRT) rate will rise from 33% to 41%, and from the same date PAYE workers will also have to pay 4 per cent PRSI on their interest income....
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Alert over online tax refund email and text scam
If you get a text or email offering you a chance to "Claim your Tax Refund Online", then DON'T follow it up. The Revenue Commissioners have issued warnings about fraudulent email and text messages purporting to come from them. The fraudulent emails and texts contain...
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