Category Archives: Tax Tips

Capital Gains Tax Tips

I am off to Tayto Park. Not being the bravest I will do the roller coasters and will love them when I am getting off. Between theme parks and the start of the hurling it is a very exciting weekend. You’d have to fancy Waterford against Tipp on Sunday given recent form and the home

Development Land – Losses and Gains

  Hello there from bright and fresh Tramore. It’s difficult to know where to start this week with what is going on in Ukraine. It’s quite shocking that an invasion has taken place in a peaceful democratic country. Putin has lied to western leaders for the last few weeks. He spits out propaganda about protecting

Business Property Relief in Action

Hello there. It’s less than a month to Christmas and not a child in the house washed. Sure, we can get a 25% discount on soap and Head & Shoulders with a Black Friday deal. I am smothering with a head cold. I took my first antigen test on Wednesday and the line told me

Tax Return Season – A Whistle Stop Tour

The cat is missing me a lot. He’s not as friendly as he used to be, and he feels all the love and affection he shared with me is a one-way street. I have explained to him that this is a very busy time of year. I must dedicate my time to our clients who

Passing on your Company – Excess Investment Assets – Part 2

We have the 3 W’s in Tramore today. Wet, warm, and windy. The kind of weather you don’t mind putting the cat out into. Sure, he’ll dry off pretty fast. When I suggested this to the cat, he didn’t seem too excited about the idea. Kilkenny cats get a rough time on the streets of

Passing on your Company – Excess Investment Assets – Part 1

We are in the thick of tax return season for 2020. It’s the final countdown to the 17th of this month. The Beyonce song “Irreplaceable” comes to mind. “To the left, to the left. Everything you own in a box to the left” We use a Kanban flow chart to organise all the clients. We

Income Tax Returns – Ten Tax Tips Part 2

I am in the door from a venue that has neon lights and blaring loud music. And a lot of sweaty people. “I’m walking on sunshine” and the “Walk of life” were loud and clear. I was thinking that this is the closest I will get to a nightclub. A spinning class in the WIT

Income Tax Returns – Ten Tax Tips – Part 1

We are back after missing last week. I am blaming my nephew for having his wedding on a Thursday! He married a beautiful Indian lady, and we had a super day. There was even live music indoors and people dancing! The bride’s parents and brother came from New Delhi and were lucky to get their

Tax Return Season – Danger Tread Carefully

It’s a gorgeous day here in Tramore, cool but the sun is shining. I am off to run around the streets of Belfast this weekend. I thought it was a good idea to book the marathon there given that Dublin wasn’t going ahead. It seemed like a good idea at the time! It is starting

Company Reorganisation – Passing On Your Business

Greetings from a wet and warm Tramore. For our sports commentary this week we are staying very local. Tramore v Dunhill in the eastern intermediate semi-final this Sunday in Walsh Park. The guy on the keyboard played for Dunhill for 5 years after moving from his home club in Kilkenny. We last won the intermediate