Tag Archives: Tax Tips

Non-Resident Taxes – Times Are A-Changin’

Moving abroad

Like the Bob Dylan song, in the world of Non-Resident Taxes, the times are a-changin’. Not before time too as there was a lot wrong with the old system. But there’s no point looking into the past. It’s time to drive on and embrace the new. We will look at George and Amy Wong Non-Resident

Tax Tips for Accidental Landlords

stressed woman with a glass of wine

We will look at some tax tips for accidental landlords. We all hear about landlords exiting the market in their droves. A perfect storm of rising interest rates, rent pressure zones, and plenty of red tape. The tax system here can quickly squeeze out the already squeezed middle. The purpose of this is to help

Property Purchase in Trust

Property Purchase in Trust

I had a meeting on Monday that involved a property purchase in trust for a child. This isn’t something we would see often so I needed to do some prep and get more information. It turned out to be a very interesting meeting and has me doing some head scratching since. We will look at

Ten Last-Minute Tax Tips

10 euros

Our focus is to give you ten last-minute tax tips that could save you some money before the Income-tax deadline. The idea for this came from a tax meeting I had with a friend, Dash O’Donnell, who has a local business. Dash has a very good accountant but only found out about her large tax

Tax Returns 2021 – Saving Clients Money

Saving money

We are filing our client’s tax returns for 2021 so we are busy saving clients money. These are not the typical tax saving tips you will hear about. Let’s call them alternative tax tips. Our advice is “don’t do your own tax return” and this is best summed up by a quote from Albert Einstein.

Buying Commercial Property in a Company – 5 Tax Tips

Commercial Property

We look at 5 Tax tips when buying commercial property in a company. It can make good investment sense. But you should know what you are getting into. The taxes we focus on are Stamp Duty Vat Tax rate & surcharge Pay a dividend Selling the property Dick Jagger arranges to meet you. I can’t

Revenue Focus Areas for 2023

man with binoculars

We will look at some Revenue focus areas for 2023. The information for this came from a recent joint Revenue and Institute of Tax webinar. This is an opportunity for Revenue to get its message across. “Lads we are going to be looking at these areas, in particular, so don’t say we haven’t warned you”.

Debt Warehousing – An Update

Happy woman

We want to give you an update on Debt Warehousing as period 2 draws to a close for most businesses. You will need to act in the coming months to plan to pay the taxes owed. This information is to help you understand the background and next steps. We will look at Overview – taxes

5 Tax Benefits for 2022 and 2023

woman with cash

We will look at 5 Tax benefits for 2022 and 2023 for employees and business owners. Some come into effect now and others will kick in in 2023. Our main focus will be on Increase in the lower rate band Increase in tax credits Rent Tax Credit USC – increase in 2% band Small Benefit

Looking After Older Clients

Happy older couple

Looking After Older Clients With the news that AIB are going cashless in many branches it got me thinking about how we look after clients. My view is that what AIB are doing is a backward step. Going digital makes sense but not at a cost to customers who need cash services and will go