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	<title>P KEANE &#038; CO</title>
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	<description>Tax and Accountancy issues of today</description>
	<lastBuildDate>Fri, 20 Apr 2012 10:39:21 +0000</lastBuildDate>
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		<title>REVERSE CHARGE FOR SUPPLIES OF CONSTRUCTION SERVICES &#8211; NEW RULES FROM 1 MAY 2012</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=587</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=587#comments</comments>
		<pubDate>Fri, 20 Apr 2012 10:39:20 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[VAT]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=587</guid>
		<description><![CDATA[From 1st May 2012, a supply of construction services in the state by an accountable person to a connected person is subject to a reverse charge. This places the onus on the recipient of construction services from a connected person,rather than the supplier, to account for and pay the Vat. This follows on from rules [...]]]></description>
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		<title>UNIVERSAL SOCIAL CHARGE AND CAPITAL ALLOWANCES</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=568</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=568#comments</comments>
		<pubDate>Wed, 18 Apr 2012 12:03:19 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=568</guid>
		<description><![CDATA[The Revenue have issued e-brief 12/12 to clarify certain issues relating to capital allowances and the universal social charge. The capital allowances that are deductible are those incurred on the provision, for trading purposes, of Plant and Machinery,Vehicles used for business purposes, Certain types of buildings, such as factories or farm buildings. Any capital allowances [...]]]></description>
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		<title>INCOME TAX RETURN FORMS 2011</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=560</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=560#comments</comments>
		<pubDate>Mon, 27 Feb 2012 15:03:40 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[RENTAL PROPERTY]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=560</guid>
		<description><![CDATA[The Revenue have issued an e-brief today with regard to the Form 11 There will be three different versions of the Income tax return forms for self assessed individuals for 2011: Form 11 - This is the most complete version of the individual&#8217;s tax return form. There will be no printed version of this form. [...]]]></description>
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		<title>BUDGET 2012 &#8211; PROPERTY RELIEF SURCHARGE</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=534</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=534#comments</comments>
		<pubDate>Thu, 08 Dec 2011 14:45:04 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[RENTAL PROPERTY]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=534</guid>
		<description><![CDATA[In Budget 2011, it was proposed that investors could only use the section 23 relief against the section 23 property itself and not as previously against their other income. Similarly the accelerated capital allowances could only be used against the property the capital allowances relate to. The investors who bought them did so for the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>FARMERS AND BUDGET 2012</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=523</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=523#comments</comments>
		<pubDate>Thu, 08 Dec 2011 10:46:50 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=523</guid>
		<description><![CDATA[This article looks at how Budget 2012 affects farmers in Ireland. In his Budget Day speech, Mr Noonan said &#8216;Active ,energetic and profitable farming is fundamental to the agri-food sector.&#8217; The main taxation changes that affects farmers and their families are: &#160; INCOME TAX Stock relief of 50% (100% for certain young trained farmers) for [...]]]></description>
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		<title>BUDGET 2012</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=511</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=511#comments</comments>
		<pubDate>Tue, 06 Dec 2011 17:06:59 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=511</guid>
		<description><![CDATA[6th December 2011 Mr Michael Noonan announced details of tax adjustments. &#160; Corporation Tax Corporation tax to be kept at 12½% Income tax no change in rates, bands or credits Universal Social Charge Increase of lower exemption from €4,004 to €10,036 Move USC to a cumulative system Illness Benefit The tax exemption currently applicable to [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>BUDGET 2012</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=470</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=470#comments</comments>
		<pubDate>Tue, 06 Dec 2011 11:28:13 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=470</guid>
		<description><![CDATA[5th December 2011 &#160; Brendan Howlin the Minister for Public Expenditure and reform has announced the spending measures the Government plan to cover for 2012 &#160; Here are some of the measures: Child Benefit: Phase out the higher rates for third and subsequent child over two years. Discontinue one off grants in respect of multiple births Back to school [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>TAX DEADLINES TO BE AWARE OF BEFORE 31ST DECEMBER 2011</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=473</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=473#comments</comments>
		<pubDate>Mon, 05 Dec 2011 13:25:14 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=473</guid>
		<description><![CDATA[2011 is nearly finished. Before the year is out,  the following deadlines should be considered to ascertain whether they are applicable to your particular circumstances.  INCOME TAX Claiming refunds is time barred after four years. Any tax refunds due for year ended 31st December 2007 must be claimed by 31st December 2011. These  could include: -Medical Expenses -Bin [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>EMPLOYED OR SELF-EMPLOYED</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=364</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=364#comments</comments>
		<pubDate>Tue, 19 Jul 2011 09:09:52 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=364</guid>
		<description><![CDATA[The Revenue has been cracking down over the last few years on the criteria for being self employed. This has led to workers who had been self employed all along suddenly finding they must go on the payroll as the Revenue has determined they do not fit the criteria for being considered self employed. This [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>SUCCESSION PLANNING</title>
		<link>http://pkeane.ie/pkeane.wordpress/?p=415</link>
		<comments>http://pkeane.ie/pkeane.wordpress/?p=415#comments</comments>
		<pubDate>Thu, 31 Mar 2011 15:22:07 +0000</pubDate>
		<dc:creator>PKeane</dc:creator>
				<category><![CDATA[TAX]]></category>

		<guid isPermaLink="false">http://pkeane.ie/pkeane.wordpress/?p=415</guid>
		<description><![CDATA[1) At present transfer of assets by gift or inheritance are liable to: CAT &#8211; Gift/Inheritance tax 25% ﻿CGT &#8211; Capital Gains Tax 25% 2) Reliefs available at present: agricultural and business assets qualify for a 90% reduction Capital Gains Tax exemption applies to:               a) Gifts if the transferor is over 55 years and [...]]]></description>
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