I will outline how poor tax compliance will cost you money. Plus, time. What you don’t know can create an issue when dealing with Revenue. The best way to let you know what I’m harping on about is to discuss a recent case. The figures involved are eye-watering. A taxpayer gets involved in a mess
Let’s look under the bonnet of a Company Director’s Loans. I’ll introduce you to the stars of this courtroom drama. We discussed some of the issues that come up in this case in a blog from 2018. Can I borrow money from my Company is worth a read if you want to get more detail
This week, we will discuss Revenue focus areas for clients in their Business Division. We’ll touch on who is in the business division, so you’ll know if you are in or out. Our main discussion is around Revenue activities in 2024. Many of the 2024 focus areas will continue into 2025. Let’s look at Revenue
Why are you in business? Do we ever ask ourselves that question? Imagine you are in a room with no phone, total silence, and a pen and paper on a table in front of you. What is your answer to that question? What do you write down? We live in a manic world where we
Let’s look at budget 2025 and 10 takeaways from that. It’s not a blog divided into two with the first part looking at the budget. The second part reviews 10 takeaways like Indian, chippers, and Chinese! I know I know you are all budgeted to death at this stage. Me too. But while we all
Get the latest update from Revenue. Newsflash. Find out their focus areas so they can take more money out of your pocket. As an organisation, they are brilliant at what they do. Collecting taxes is the game and we are all saints and sinners in the match. The saints are the good lads who pay
We provide a collection agent service to our non-resident landlord clients. We’ll talk about what the service is, why you need it, and what we do and don’t do. Plus, we’ll give you an example of how it all works. The main focus points will be Non-resident landlord What we do What we don’t do
Mary O’Leary had a Revenue Profile Interview earlier this month. Mary is an auctioneer. It was mid-July and Mary was sitting in her office after her morning coffee on the seafront. Pat, the friendly postman, drops the day’s mail on the desk, and off he saunters again. Mary has half switched off as her holiday
Revenue Risk Reviews. Oh no, I must be in trouble! A Revenue risk review letter hits the ROS inbox on a Friday morning. OMG, that’s the last thing I need, as I am heading off to the match in Galway for the weekend, thinks Mary Boone. But in the back of her mind, she knew
This week I’ll look at some tax tips for Inheritance Tax. Over the last two weeks, we introduced you to the Toners, Timmy the dad, and his wife Fidelma. They have two sons, Gary and Shane who are in college. To recap, Fidelma works part-time as she loves the gym and gets a great buzz
