Welcome to the Winter Edition of the O’Donovan Lavin quarterly Newsletter. As 2015 comes to an end we would like to thank all our Clients for their valued custom during the year. We hope you have a very happy and peaceful Christmas and wish you every success for 2016. We would also like to acknowledge [...]
2015 - A YEAR IN REVIEW By Noelle O’Connor, O’Donovan Lavin Accountants As the year draws to a close Noelle O’Connor, Director of Business Services takes a look back at 2015 from a business, accounting and tax point of view. Statistics The first 11 months of 2015 has seen over 17,300 new companies registered [...]
The Minister for Finance Michael Noonan T.D. on the 13th October 2015 presented his 2016 Budget. Below I have summarised some of the key points in this Budget which I hope you will find informative. Personal Tax The top rate of income tax remains at 40% and there are no changes to the income [...]
Some of the key points from this year’s Budget are highlighted below for your convenience: FAMILIES: Families are the main winners from measures in this Budget with free GP care being extended to children under 12. There is an additional year’s free pre-school childcare and an increase to the Children’s Allowance of €5 per child [...]
It’s that time of year again, the income tax filing deadline is fast approaching and it’s time to focus on getting your tax affairs in order if you haven’t already done so. This is a brief summary of the main points to note on whether to file an income tax return and the other [...]
In our article this week Noelle O’Connor, Director of Business Services discusses inheritance tax saving measures that will help reduce the Capital Acquisitions Tax liability on the death of a relative. The only certainties in this world are death and taxes and inheritance tax combines them both. The current rate of gift/inheritance tax in [...]
Welcome to the Autumn Edition of the O’Donovan Lavin Quarterly Newsletter. This is our third Newsletter since its successful launch in April 2015. We do hope that you will continue to find the articles informative and helpful. We realise the importance of staying in contact and providing information on topics and subject matters we consider [...]
In our article this week Noelle O’Connor, Director of Business Services discusses tax saving measures that will help everybody in all aspects of their business and personal life. Now that the kids are back to school/college and your wallets have been emptied I thought it best to start the new term with a summary of [...]
We have spoken previously about the introduction of the Companies Act 2014 which came into effect on the 1st June 2015. I have decided to mention it again in this week’s article as its introduction seems to be causing some confusion among Company Directors. While it all may seem a little complicated right [...]
Benefits In Kind (BIK) The area of additional benefits or prerequisites, perks for short has been a focal point for revenue for a number of years. It is a topic that like all taxes evolves over time. In a nutshell any benefits received by an employee from their employer is taxable as notional pay [...]
