Tax and accountancy issues of today
How to distribute your assets after death is a very personal decision. However it is important to keep tax issues in mind before making a final decision. The beneficiary will pay Capital Acquisitions Tax (CAT) at 33%(2015 rate) on any inheritance over the tax free threshold The tax free thresholds for CAT are: Group A: … Read more FINANCIAL CONSIDERATIONS WHEN MAKING YOUR WILL
The Finance Act 2014 introduced changes to the system of issuing tax clearance certificates to take effect from 1st January 2016. All Tax Clearance Certificates issued between 1st April 2015 and 30th June 2015 will have an expiry date of 31st December 2015. March 31st 2016 will be the expiry date for all certificates issuing … Read more TAX CLEARANCE CERTIFICATE CHANGES
A first time buyer of a house or apartment who purchases or self builds a property between 14 October 2014 and 31 December 2017 may be entitled to claim a refund of Deposit Interest Retention Tax (DIRT) paid on interest received. The relief is confined to the DIRT deducted from the interest received on savings … Read more DIRT FIRST TIME BUYERS RELIEF
COMPANIES REGISTRATION OFFICE The B1 annual return and accounts are due for Limited Companies with a year end between 1st and 30th September 2014. REVENUE Due by 21st June 2015 Preliminary tax for limited companies whose year end is between 1st and 31st July 2015 Due from limited companies whose year end is between 1st … Read more JUNE DEADLINES FOR LIMITED COMPANIES
The Revenue have announced an extension to the ROS filing and tax payment date. For taxpayers who: file their 2014 Form 11 through ROS Pay the balance of tax for 2014 Pay preliminary tax for 2015 the due date for filing the return is extended to Thursday 12th November 2015. The date is also extended … Read more EXTENSION OF PAY & FILE DEADLINE 2015