People count more than numbers

Relief to Individuals on Loans Applied in Acquiring an Interest In a Partnership

An individual could claim tax relief on interest paid on money borrowed to acquire a share in a partnership. Finance (No.2) Act 2013 abolished interest relief for all loans made on or after 15 October 2013 (save for some acquisitions of interests in certain farming partnerships. Interest relief for existing qualifying loans is to be […]

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Who Can Become A Director?

As there are no specific qualifications required by law, almost any individual person can become a Director of a private limited company in Ireland. There are of course some exceptions to this rule and the most common examples are listed below: Undischarged bankrupts are prohibited from becoming directors A corporate body is not permitted to […]

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