Apr 24, 2017 | Accountancy, Blog, Tax, Uncategorized
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...
Jun 20, 2014 | Accountancy, Blog, Uncategorized
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...
Dec 3, 2013 | Accountancy, Blog, Tax
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....
Nov 25, 2013 | Accountancy, Blog, Tax
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...
Nov 11, 2013 | Accountancy, Blog, Tax
What is JobsPlus? JobsPlus is a new scheme that replaced the PRSI Exemption and Revenue Job Assist and came into effect in July 2013. Under the JobsPlus scheme, grants of up to €10k are available to employers who take on someone who has been out of work for more than...
Apr 13, 2012 | Accountancy, Blog, Financial Services, Tax
With banks reluctant to lend, and budgets for the funding agencies reduced, those contemplating setting up their own business now have fewer options when seeking finance. However there are some tax based schemes which could be of help. Employment & Investment...