In our blog last week, we met Sharon Stone and looked at the options she has to exit her business. In case you missed it you can read here. This week we are changing tack a bit and talking about marriage breakup – this blog explains the tax Implications of separation and highlights things to think
4 Year Rule We may not get to Portugal this year, but a touch of Portugal is stopping by this weekend. An Azores high I understand. Fry an egg on the bonnet of the car stuff, but not my own car of course! Scorching temperatures on the way. People grappling for the last packet of
In the last few weeks, we spoke about the problems you may be having in your business. The problems ranged from paying too much tax to not being in control of your numbers Read here Last week we looked at some solutions to those problems. We looked at how a company could be the answer to
Many business owners make the annual trip to their accountant with a sense of fear. You don’t know what tax bill you will face and are uncertain if you will have enough funds to pay it. Your accountant will hand you their bill at the same time. Often you don’t get your accounts and taxes
First day after the end of tax return filing season so all those engaged in this frantic activity of preparing and filing returns and processing payments on ROS on behalf of clients can take a collective sigh of relief for at least a couple of days before we get stuck into company preliminary tax payments,
5 Tax Benefits You Should Know for 2018! It’s nearing the end of January already (where has the month gone?!) and we hope your year has gotten off to a flying start! However, are you aware of some tax benefits that have come into play in recent weeks that you may not be taking advantage
Let the taxpayer beware! – Offshore Assets Disclosure Friday week the 28th April is effectively the last day to have a submission with Revenue on the current Offshore Assets Disclosure. Per Revenue the deadline date is the 30th but as that is a Sunday the Friday before is the last working day. You may remember
Revenue Letters! Revenue has recently written a letter to all taxpayers who filed an Income Tax return form 11 for 2015. This letter covers two issues; Making taxpayers aware that it is possible to self-correct tax returns if there were any errors or omissions in them Advising taxpayers that if they have any undeclared income
Tax tips for over 65’s – Part 2! Over the weekend I brought my kids into the cinema to see an animated film called “Sing”. This is usually an opportunity for me to catch up on lost sleep but this film got me hooked from the very beginning and I have to confess to loving
Why your accounts and tax return are far from boring Your basic accounts may seem like the least exciting part of your finances but, in fact, they’re the bedrock for your financial management. In the world of small-business accounting, we’re at an exciting time. New breeds of online accounting software, integrated cloud applications and flexible
