Category Archives: Tax compliance

Income Tax Return – Ten Tax Tips Part 2

Income Tax Returns

Last week we went through 5 tax tips when filing your Income Tax return. In case you missed it see here This week we will look at another 5 tax tips that are Flat rate expenses Home carer Credit Medical Expenses Pre-letting expenses and Tuition fees Flat rate expenses Certain employments get a flat rate

Income Tax Returns – Ten Tax Tips – Part 1

tax returns

The team here is very busy getting accounts and tax returns sorted out for clients. We are smack bang in the middle of tax return filing season. In our last blog we highlighted some of the “beasties” to be aware of when filing your 2020 Tax return. In case you missed it click here. This

Tax Return Season – Danger Tread Carefully

We did some in-house training yesterday and the focus was on the upcoming Income tax return season. Tax returns are not easy, and our consistent message is not to do your own. We saw an example of this last week when a client whose circumstances had changed said he would do his own return. This

Things Not to Do in Business or You’re Dead

I went out for a run yesterday morning. My last hard training run before the Belfast marathon on Sunday week. The plan was a 1 mile warm up and a 1 mile cool down but 10 fast miles between the easy ones. The 10 fast weren’t as fast as I wanted them to be. During

Tax implications of a company loan – Bill & Ted’s Bogus Journey

Tax implications of a company loan

This week we are going to look at the tax implications of taking a loan from your company. We will look at Setting the scene Company Tax Benefit in Kind [BIK] Loans not caught Can Teddy do better? Summary Setting the scene? Teddy Moore set up a new company in February of 2020 called Getmoore

Company Director Tax Returns – Danger!

Hello from Sunny Tramore. It’s only delightful to see the sun shining through the window when I extract myself from the bed. The small slivers of bright sunshine make that difficult task a bit easier. After a bowl of Flahavan’s finest, it’s on to the laptop for my Friday morning routine of writing this blog.

Top 10 tax tip for renting property in Ireland – Part 1

Greetings from Tramore. Another very promising day here. The washing is on the line, the Super League is dead in the water. Jose Mourinho is gone from Spurs. Another big payoff! I only found out about that on Tuesday night given the furore over the Super League. Greed and avarice took hold of the 12

Property – Stamp Duty & Your Labour

It’s a balmy 9 degrees in Tramore but plenty of Sunshine and a 1% chance of rain. If it rains today, I will be getting onto the developers of that free app on my phone! Not quite break out the cider and soak up the rays in the back garden yet, but the fact that

Family Wages – Keeping It In The Family

We are back after a week off. I was moving house, so packing, cleaning, and scrubbing took preference to our weekly blog. I still managed to indulge in plenty of chocolate on Easter Sunday though! I haven’t gone far, only up the hill in Tramore, so my sea view has gone. I do a bit

What Will Revenue Look At In 2021?

It’s great to see a stretch in the evenings and brighter days following the near monsoon earlier in the week. A lot of very stressed-out parents are ecstatic that their little pride and joys and going back to school. Food bills will fall and relaxing tea breaks will rise. The hair is gone beyond ridiculous.