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
Tax Tips Prior to Year End Part 2 Welcome back to the second part of our tax tips that you can get on board with prior to the end of the year! We start off on our fifth tip! Small Gift Exemption This can be an effective way of passing on cash to children or
Tax Tips Prior To Year End Part 1 Deciding how much you need to pay The Taxman every year is no fun. Unfortunately, it is a necessary evil. But how can you save a bit of your tax bill this year? Have no fear, Comerford Foley is here! Home Renovation Incentive – [HRI] Who
Confused by the Company Annual Return? Don’t be Late! We are in the middle of the silly season for filing – company tax returns, personal tax returns and Accounts filing. In the middle of all that is something called the Annual Return or Form B1 for companies. The Annual Return records standing data on a
Tax relief on Medical Expenses Most of us normal folks incur medical expenses from time to time on prescriptions, doctors, consultants and various other costs for dentists and opticians. Therefore I thought it would be useful to give a small bit of insight into what you can claim for and what is not allowed. It
Tax tips for over 65’s – The sequel! Let me start by saying what people always say in these situations “the sequel is never as good as the original” or “it’s not a patch on the book”. The book is in there somewhere and if it ever appears I will of course be onto you
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
Tax tips for over 65’s – Part 1 At different times during the year I will have some banter with my brother over the EU grant he will get to pay his tax bill and pension or the special tax advantages for farmers that the rest of us mere mortals are denied! Thankfully the tax
Frequently we are contacted in the office and asked the question “I can claim the VAT on that, can’t I?”, although in many cases it is phrased as a statement! In general a VAT registered business may, as long as goods or services are used for the business, deduct: VAT charged, by another VAT registered
Year End Tax Tips – Part 2! 1.Home Renovation Incentive – [HRI] This incentive applies equally to qualifying works done on your own home or a buy to let property before 31 December 2018. . Basically it is possible to claim back the vat element of certain renovation works up to a maximum spend of
