TAX

The Revenue recently released an e-brief about the requirement for Vat registered traders to submit an annual statistical Return of Trading details. The return form provides fields for a breakdown of the supply of goods and services, imports and deductible inputs at the various Vat rates applicable during the year. This includes all Irish, Intra … Read more RETURN OF TRADING DETAILS FOR VAT

  The Revenue issued an e brief to remind the self employed of the penalties they face by not returning and paying the Local Property tax/Household Charge. If you file your Income tax/Corporation tax or Capital Gains Tax on time, but at the date of filing: You have failed to submit your Local Property Tax … Read more LOCAL PROPERTY TAX – REMINDER TO THE SELF EMPLOYED

Budget 2012 introduced the CGT incentive relief for irish tax residents either an individual or a company. It applies to: Land and residential/commercial properties Bought in the European Economic Area (EEA) including  Ireland. Purchased between midnight 7th December 2011 and 31st December 2013. Must be acquired for a consideration equal to the market value of the … Read more CAPITAL GAINS TAX INCENTIVE RELIEF ENDS ON 31ST DECEMBER 2013

The filing deadline  for  the Local Property Tax was 28th May 2013. However the Revenue have announced that outstanding returns that are filed before 1 July 2013 will avoid incurring interest and penalties. According to the Revenue, 1.55 million Local Property Tax Returns had been filed by 24th June 2013 Employers of those  who opted to … Read more Local Property Tax Deadline

The Household Charge was an charge payable by owners of residential property in 2012. It was due by 31st December 2012. If it is still outstanding, the charge plus interest is €145 This can be paid up to 30th June 2013 From 1 July 2013 the opportunity to pay the Household Charge will cease. Any outstanding liabilities will be … Read more Last opportunity to register and pay Household Charge