We’ll look at 10 last-minute tips to help with your Income Tax returns. It’s a busy time of year in the office. Training is on hold. Tea breaks are shorter, and lunches just about happen. The Tax Return deadline is looming. Accounts for review and finalise. A few weeks to go till the deadline hits.
Let’s have a look at 5 Income Tax return Tips for 2022. We are now at peak Corporation Tax return filing time. On Monday the focus will switch to Income Tax returns for 2022. All with the view of keeping our clients tax compliant and Revenue happy. Revenue want the Tax return to know how
We’ll look at what’s involved tax-wise on the transfer of a site to a child. The idea for this came from a meeting I had with the Falcones during the week. John Falcone is the dad. Bridget Falcone is the mother and owns the land. Molly Falcone is the daughter. Points to cover will include
I had a meeting this week with Bridget Higgins who is starting a new business. Already working, this is a new gig for her, and she wants to get things right from the start. It got me thinking that we didn’t write anything about this before. Plus, it could help to point you in the
Like the Bob Dylan song, in the world of Non-Resident Taxes, the times are a-changin’. Not before time too as there was a lot wrong with the old system. But there’s no point looking into the past. It’s time to drive on and embrace the new. We will look at George and Amy Wong Non-Resident
We will look at some tax tips for accidental landlords. We all hear about landlords exiting the market in their droves. A perfect storm of rising interest rates, rent pressure zones, and plenty of red tape. The tax system here can quickly squeeze out the already squeezed middle. The purpose of this is to help
Price increases and value. Is the price increase tolerable for your client because they see value in your service? This question punched us in the face recently. Michael, our client, was about to leave as he got a cheaper price. He said to me “as my financial advisor what would you advise me to do?”
We will look at some key Income Tax dates and how it will cost you if you miss them. Let us introduce you to Mick and Dick Moody. They are brothers and farm in partnership together. They love their music and have a wedding band called the Moody Blues. Mick has a very relaxed style
Is the Land Rover Discovery a car or van for BIK? This is relevant to other similar types vehicles taxed as “commercial” for Vat and VRT. You will get to meet Tom Dunne and Bill Flynn, directors of Bigbiceps Ltd [BBL], a supplement supplier. The main areas of focus are Car or Van – what’s
This week we will look at the Single Person Child Carer Credit [SPCCC]. It is a little tricky and warrants 12 pages of guidance in a recently updated Revenue manual. It’s important to understand the rules. We will introduce you to a primary claimant and a secondary claimant. You’ll meet the Bagges. And find out
