As stated by Chartered Accountants Ireland, The Finance Bill includes details on the main new income tax reliefs; the Home Renovation Incentive and the Start Your Own Business Relief. The Bill gives legislative effect to these reliefs and the other tax measures announced in the Budget. A number of further tax measures are included in […]
All PRTB affairs must be in order to secure an interest deduction for residential rental properties. As stated in the Citizens Information, The Private Residential Tenancies Board (PRTB) is an organisation set up by the Government of Ireland. Its main role is to provide a dispute resolution service for landlords and tenants. The PRTB is […]
If you receive a gift, you may have to pay Gift Tax on it. If you receive an inheritance following a death, it may be liable to Inheritance Tax. Both these taxes are types of Capital Acquisitions. The benefit (the gift or inheritance) is taxed if its value is over a certain limit or threshold. Different tax-free thresholds […]
The closing date for relief on personal pension contributions for the 2012 tax year is 14th, November, 2013. The relief available on contributions is linked to the age of the contributor and an overall income threshold. The relevant information is as follows: Age % of Net Relevant Earnings Up to 30 years 15% 30 but […]
Is your company carrying out R&D work? You have the potential for a Tax refund. The R&D Tax Credit scheme has been a strong motivation in attracting foreign direct investment to Ireland, as well as encouraging domestic R&D activity since 2004. The R&D Tax Credit claim process requires clear and precise identification and documentation of qualifying […]
The Finance Bill 2013 has now been published. This gives effect to the announcements made at the recent budget. You can read it here http://taxpolicy.gov.ie/tax-legislation/current-finance-bill/ […]
Local Property Tax (“LPT”) and Personal Tax Returns Now that we are approaching the deadline for the submission of personal tax returns please be aware of the following: If you are obliged to submit a personal Income Tax return or a personal Capital Gains Tax return and you do so, but are not fully compliant […]
The Omnipro Credit Union Conference was held in the Crowne Plaza in Dublin, September of this year. David McArdle and Patrick Loughnane of FMB were part of the course facilitators as they discussed the Loan Book Reviews and PRISM Visits of the Credit Union and Central Bank. The areas covered for the Loan Book Review were: Types of […]
A summary of the measures announced in yesterdays budget are available HERE We await the Finance Bill to see what further amendments or changes may be introduced. A post Finance Bill Update will be available here. Do not hesitate to contact us if you have any queries or concerns regarding the Budget or any other taxation […]
David McArdle and Patrick Loughnane presented to the OmniPro annual Credit Union Conference an overview on Loan Book Review and PRISM Visits Loan Book Reviews and PRISM (1549 KB) […]
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