Blog Important Updates
Article re-produced with the kind permission of Taxworld. (www.taxworld.ie) In relation to income tax, the concept of residence can be important. If you are not resident, you may not be liable to tax!! Resident individuals If you are resident and domiciled in the Republic of Ireland (ROI), you are liable to Irish income tax on […]
Read MoreYou’ll probably find that your spouse is nearly always involved in some shape or form in the running of your business so there should be no difficulty in justifying a salary payment for income tax purposes. For PRSI purposes a person who is directly employed by their spouse is not considered to be in insurable employment so no Employers PRSI payments are due.
Read MoreThe more work you can do before handing your books over to your accountant, the less donkey work they have to before getting down to the important work of saving you money on
your taxes
What are the key points to consider when choosing an accountant?
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