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...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...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...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...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...Is this the strongest action they can take?! ‘Government may seek removal of bank directors, says Donohoe’ www.irishtimes.com/news/ireland/irish-news/government-may-seek-removal-of-bank-directors-says-don...
Government may seek removal of bank directors, says Donohoe
irishtimes.com
Minister insists action will be taken if tracker mortgage issue is not efficiently resolved
Couple win battle against vulture fund to stay in their home: Personal insolvency arrangement for Waterford couple as they win court victory over vulture fund www.rte.ie/news/business/2017/1101/916829-vulture-fund/
Waterford couple wins court victory over vulture fund
rte.ie
The High Court has approved a personal insolvency arrangement for a Waterford couple, blocking an attempt by the investment fund which acquired the...