The case I’ll talk about this week is RCT for a new company. RCT stands for relevant contracts tax. The tax applies to the construction, forestry, and meat processing industries. The government introduced RCT because of poor tax compliance in these industries. It’s an interesting and relevant area for clients and practitioners. I’ll talk about
It’s the time of year when I see a lot of company and personal taxes interlink. This interaction can have both positive and negative results for the client. Sorting out a company tax issue can lead to a tax liability for the owner. It’s not all negative, though, as you’ll see how a bonus in
I am going to talk about a property sale, and no Capital Gains Tax [CGT] was paid. This was a case that came before the Tax Appeals Commission. It’s a very interesting case for people who are interested in the basics of CGT. I’m not saying that there was no CGT liability. This is what
Don’t stop thinking about tomorrow is a line from the Fleetwood Mac song Don’t Stop. This was playing when I was on the cross trainer yesterday morning and planted the seed for this week’s blog. To bring the lyric into the business world, it’s about thinking of the future of our businesses. Where are you
Revenue focus areas for 2026 came from a meeting between Revenue and the Irish Tax Institute [ITI]. This meeting took place in late January. It’s an annual meeting between the Personal Division of Revenue and the ITI. The personal division covers all PAYE taxpayers, non-trading entities, trusts, and non-profit organisations. Key focus areas include Local
This corporation tax tips for 2026 blog is for owner-directors of a company. It’s to make you aware of some of the tips and traps to avoid. All with the idea of saving tax and keeping on the right side of Revenue. These things are important, and it’s good to know about them to discuss
A tax refund for a non-resident is one of the first cases before the Tax Appeals Commission this year. It’s a short case at 10 pages. When the page numbers are low, it’s usually not a good outcome for the taxpayer. Then you read the first page, and you know there’s only one result here.
Everything is Changing is a song by Paloma Faith and Sigma, which I love. I was always a grunge man of the mid-90s. Think Nirvana, Pearl Jam and the Smashing Pumpkins. But I’m partial to a banging dance tune, and this is one of those. Hell down, heaven down Living in the same town Tryna
Having tax clearance all the time is very desirable. You only know this when you don’t have it. It could be that you don’t have it now, but don’t realise it. It’s not desirable or attractive in the James Bond sense, but more in the “this puts money in my pocket sense”. Not only that,
Are you returning to Ireland and starting a business? I met Tom this week, who has done that. Back from Canada after spending over 10 years there. Back to help build the country. Driving along the highway in Toronto, he saw a billboard that grabbed his attention. “You have helped build Toronto. Come home and
