Tax and accountancy issues of today
Preparation and submission of: Income tax returns for Sole traders and Partnerships Corporation tax returns for Limited Companies Directors annual returns Annual returns for landlords resident and non resident Annual returns for PAYE workers with a non PAYE income VAT returns PAYE/PRSI/USC returns Revenue audits Registration of Individuals and Companies with the Revenue CAPITAL … Read more Taxation
Preparation of annual accounts for Sole traders, Partnerships and Limited Companies. Management accounts. Bookkeeping services. Payroll services. Start up advice on setting up accounting systems for new businesses. Advice to established businesses on how to improve their accounting systems and internal control. FARMING Advice on: Setting up a farm partnership Setting up a succession farm … Read more Accountancy/Bookkeeping
With effect from January 2019, for farmers and/or their spouses/civil partners have off farm income. They can now avail of income averaging on their farm profits.
The Minister of Finance Paschal Donohue announced the Budget for 2019 on 9th October 2018. The main points are: Income tax Standard rate band increased from €34,550 to €35,300 for a single or widowed person. €38,550 to €39,300 for a single or widowed person qualifying for a Single Person Child Carer credit. €43,550 to €44,300 … Read more BUDGET 2019
Relevant payments include annual payments, patent royalties, certain interest payments. Income tax payable on relevant payments is due for payment by a limited company when the preliminary tax is due and payable. If the corporation tax liability is under €200,000 in the prior year, the Company is defined as small company. To determine this, income … Read more Income tax on Relevant Payments for Small Companies