I will look at the tax promises of the three largest parties, Fine Gael, Fianna Fail, and Sinn Fein, from Election 2024. Shifting through election manifestos the night before the election wasn’t in the plan for last night. But then when I got into it, I found some of the promises were very interesting. And
I will look at pre-year-end planning tips for you and your business. There will be some useful tips to consider between now and the end of the year. I’ll introduce you to Paul and Joanna Codd who have a “quare” successful company in Wexford. The focus will be on a company with a 31 December
Yesterday, November 14th, was the last day of the Income Tax return season to file your 2023 return. It wasn’t a day of panic in the Comerford Foley office. Firstly, we weren’t in the office, as we were working remotely. Plus, the team had everything under control, although there were a few loose ends to
This week we’ll look at some CGT Tips when selling property. I’ve been sorting out the taxes on several property disposals over the last few months. None have been straightforward. It’s not that they have been difficult but there have been little quirks in each case. I want to give you some tips. This should
We are going to look at some Corporation Tax tips to help your company save taxes. Larry Barry owns 100% of an engineering company Barry Can’t Swim Ltd. It arrives at my desk to review the taxes. Larry is a good man to throw a few tax conundrums our way and he certainly didn’t disappoint
The Universal Social Charge [USC] came in after the financial crisis. It was to be a temporary tax and used to bolster the government finances. This was at a time of frequent visits by members of the IMF. But what was temporary has now become permanent. The USC is a tax, plain and simple. There
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
We’ll look at some examples of how tax efficiency saves money. Plus, introduce you to the main stars of this blog, the Toners. By claiming everything they can and making a few changes the Toners will save thousands in a tax year. It could be the difference between a holiday in Portugal or a day
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 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
