To give this blog its full title I should call it Tax Refunds and the Millions Left Out There. Hundreds of millions. And it’s your money. Plus, Revenue don’t make it easy for you to get it back. It’s locked away in their secure vault! I’ve had a few different meetings in the last few
I want to give you some Tax Tips when coming to Ireland. What I mean by coming here is staying here for a prolonged period. As such, you’ll become resident here. The idea for this came from a recent meeting I had with a Swiss couple. The lady, who we’ll call Mary, is from the
To give this blog a more complete title we should call it, Gifting money to children – Don’t do this. We will look at a recent case on this. The beauty of the case is that it gives a good idea of the basics of CAT. Plus, a lesson in what not to do. CAT
Enhanced Reporting Requirements [ERR] is almost upon us. We are going to give our top ten tips to help you cut through the jargon. Some of the tips need action before the end of this year. Our ERR 10 tips will focus on What is ERR When is it coming in What you have to
Getting a tax refund on ceasing employment has surfaced a couple of times in recent weeks. The most relevant and eye-opening one was in a prospect meeting earlier this week. Both involved an exit package from their employers. So, there was a bonus or termination payment on top of salary at the time of ceasing.
I know Mortgage Interest Relief isn’t the most exciting topic in the world. But would an extra €1,250 in your pocket excite you? Most of the tax changes in the recent budget apply from 1 January 2024. Not mortgage interest relief though. It applies for 2023. We’ll take a closer look at What it is
What your company can do for you. By that I mean, what do you pay for, from net salary, that your company could pay? A typical reaction would be. Oh, I never thought about that. But why would you? We’ll look at some obvious things and a couple of less obvious costs where your company
We’ll look at a dispute for a deduction for family wages and company expenses between Revenue and a taxpayer. This arises from a recent tax appeals case that has some very interesting lessons. Let’s call the taxpayer Sanjay Singh. We’ll focus on Introduction Background Evidence for Sanjay Case for Revenue Outcome Lessons Introduction Sanjay is
What will be your take home pay in 2024? We are all budgeted out at this stage. I had enough after getting my 5th of 9 budget briefings. When deciding on a blog topic I asked myself what interests people the most. For me, it’s the amount of extra cash in my pocket. To pay
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.
