Revenue Updates

There may be a few admin queries regarding this change.  The invoice basis of accounting is straight forward (date of invoice applies along with usual rules).  If you are a cash [...]

I hope your weekend was good.  Today I have some small tax updates (some positive news, one update) & a book recommendation.  Tax changes to assist The government have introduced [...]

For new readers, welcome.  Thank you for signing up.  I hope this short email every 2 weeks will help inform you.  Knowledge sharing and helping empower you around your finances [...]

Preparing or filing your income tax early might not sound like something appealing, but looking after your finances is something that should be prioritised. Let’s face it, as a [...]

Thousands of companies have received the Wage Subsidy Scheme (WSS) payments from Revenue since March 2020.  Revenue had noted that there may be over-payments to businesses and that money would be [...]

Have you checked your 2019 tax credits?  January is often the longest month when we’re waiting for payday. In December you may have received your tax credits for 2020 by post or through ROS if [...]

Many businesses have a 31 December year end.  When starting in business you may not have registered for VAT. However, knowing when you MUST register is something to be very aware of. Below is a [...]

This week your company may have a VAT liability, your payroll taxes for last month are due and your  preliminary corporation tax is also due! Here’s what to consider before your company year end [...]

Not that I think you would but without proper planning, you may not be aware of the opportunity you have in relation to Corporation Tax before 30 June. Has your company a year end of 31 December [...]

In previous articles we discussed Sole Trader expenses, what you can claim and what’s allowable from an Irish Revenue point of view. See article link here. This article is specifically for [...]