Every quarter Revenue release a tax defaulters list. We will look at sectors that appear on the list and what the interest rates and penalties are. Plus tips to keep you off the list. The latest one was on the 14th of June last for the first 3 months of this year. Following on from
We will look at landlords. Why some are reluctant and getting out of the property market. We will Set the scene Stick or Twist Taxes Disparity Summary Setting the scene Willie and Delilah Wiley bought an apartment in Waterford in 2007 for €250,000. There is €100,000 left on the mortgage, and they let it for
I was at The Killers in Malahide Castle on Wednesday evening. It was a brilliant gig on a gorgeous summer evening. The first song of the encore was The Man. I loved the lyrics, and it was coincidental that I had two meetings this week where I met the man and the woman. They had
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
I have to start this blog by wishing Waterford the very best on Sunday afternoon. It would be an amazing achievement to get over the line. It’s exciting to see all the flags around and the buzz it’s creating. Best of luck to the panel and the background team from all at Comerford Foley. The
It’s difficult for me to say this but well done to Waterford last Saturday evening in Croke Park. It was one of those games where Kilkenny would have been happy at half-time. Waterford supporters would have had a sense of “oh no here we go again”. Waterford hurled in the second half like their lives
Last week we spoke about losses in your company. We looked at how you can use those losses and how to maximise their value to benefit your business. If you missed it read here This week we are going to look at the value of good compliance in your business. In our view, it has
“The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin”. Mark Twain Last week we spoke about things you need to know when setting up a company. In case you missed it read here We are now into the thick of Tax return filing season. Corporation Tax [CT]
Should you buy a property in your company? This is a question we get asked many times. My answer in most cases is NO. This week we will look at the reasons why it is not a good idea. We will look at the main tax implications of buying property in your company. The focus
Last week we looked at two options when taking money from your company. This was either salary or dividends and we looked at the tax consequences of both options. If you want to get the basics from last week’s blog Read here When deciding to take salaries or dividends your circumstances may not be straightforward:
