Blog Important Updates
Everyone expects to pay tax, however, are you sure you are not overpaying your income tax? Below are some of the most common (and easiest) ways to save tax on your business: Set up a pension fund (if you haven’t already) Not only is this good financial planning for your future, but it also gets […]
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Revenue are changing their code of practice in relation to the correction of errors on submitted tax returns. From 1st May 2017 onward, any errors (or omissions) made in income tax returns that relate to offshore matters cannot be declared or amended without Revenue involvement. Offshore matters are things like: Offshore bank accounts Income earned […]
Read MoreThere is a little known tax relief for people who are buying (or building) their first home. If you are a first-time buyer of a house (or apartment) which you intend to use as your home and use your savings as a deposit, then you could claim a refund of the DIRT (deposit interest retention […]
Read MoreDid you know that you can get tax relief at the standard rate of 20% on tuition fees paid during the year? How does it work? You can claim tax relief on tuition fees paid for third level courses, however, you cannot claim tax relief on Examination or administration fees or any part of the tuition fees […]
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