Tax and accountancy issues of today
COMPANIES REGISTRATION OFFICE The B1 annual return and accounts are due for Limited Companies with a year end between 1st and 31st December 2014. REVENUE Due by 21st September 2015 Preliminary tax for limited companies whose year end is between 1st and 31st October 2015 Due from limited companies whose year end is between 1st … Read more SEPTEMBER DEADLINES FOR LIMITED COMPANIES
The Home Renovation Incentive (HRI) provides tax relief by way of an income tax credit at 13.5% of qualifying expenditure on repair, renovation or improvement works. The work must be carried out by HRI qualifying Contractors. To qualify for the HRI credit the work must cost between €4,405 and to €30,000(net of Vat). The work … Read more HOME RENOVATION INCENTIVE SCHEME (HRI)
The Minister for Finance Michael Noonan T.D. launched a consultation on the tax treatment of travel and subsistence expenses for employees and office holders. The Revenue Commissioners will liaise with the Department of Finance in regard to matters arising from the review which could lead to the need to review current legislative provisions. Interested parties … Read more TRAVEL AND SUBSISTENCE EXPENSES CONSULTATION
From 1st July 2015 the Irish Civil Service distance and rates requirements have been updated. The distance requirements provide that: an overnight allowance which covers a period of up to 24 hours from the time of departure as well as any further period not exceeding five hours will only be payable free of tax in … Read more REIMBURSEMENT OF SUBSISTENCE EXPENSES TO EMPLOYEES (INCLUDING DIRECTORS)
COMPANIES REGISTRATION OFFICE The B1 annual return and accounts are due for Limited Companies with a year end between 1st and 31st October 2014. REVENUE Due by 21st July 2015 Preliminary tax for limited companies whose year end is between 1st and 31st August 2015 Due from limited companies whose year end is between 1st … Read more JULY DEADLINES FOR LIMITED COMPANIES