A Chargeable person for self assessment is a person who is chargeable to tax. An individual with PAYE income and income from non PAYE sources may be a chargeable person. If the total non-PAYE income assessable to tax is : less €5,000 (€3,174 for 2015 and prior years) taxed at source (eg DIRT) The … Read moreCHARGEABLE PERSON – CHANGES TO THRESHOLDS
Revenue have updated the mileage and subsistence rates for employees. The new mileage and subsistence rates take effect from 1st April 2017. Subsistence rates A new vouched accommodation domestic subsistence rate for Dublin has been introduced.. This acknowledges the difficulties encountered in sourcing suitable accommodation in Dublin based on payment of the current Civil Service … Read moreMILEAGE AND SUBSISTENCE RATES UPDATED
Rents are increasing so landlords must ensure they claim all their rental expenses to minimise their tax. Taxable rent is the difference between rental income and rental expenses paid. What rental expenses can be claimed? Landlords can claim rental expenses for all expenditure incurred during the letting of a property and in between lettings. PRE-LETTING … Read moreRENTAL EXPENSES – WHAT CAN BE CLAIMED?
Beneficial Ownership Register is expected to be in place by end of 2017. Beneficial Ownership of Companies and Industrial and Provident Societies The Department of Finance will issue a Statutory Instrument appointing a registrar of the central Beneficial ownership register in the near future. The Registrar of Companies is expected to take this on as … Read moreCENTRAL BENEFICIAL OWNERSHIP REGISTER
ROS pay and file extension date announced Date of extension The ROS pay and file extension date for filing your Income Tax and Capital Acquisitions Tax returns is 16th November 2017 (originally 14th November 2017). To Qualify: Taxpayers who wish to avail of this extension must file their Form 11/Cat return and make the appropriate … Read moreROS – PAY & FILE DEADLINE EXTENSION 2017