The current PAYE system is being reformed and modernised with the introduction of real-time reporting (RTR). This change to how employers and employees interact with the Revenue Commissioners (Revenue) represents the most significant change to the PAYE system since it was originally introduced. Click here to continue reading >>
PASSING ON OR SELLING YOUR BUSINESS Planning for the passing on of your business to the next generation or planning for the future sale of your business to a third party is an essential but often overlooked element of the business life cycle, from a taxation perspective. The lack of proper tax planning can result [...]
How to apply for Stamp 0 An applicant who believes they qualify under the Stamp 0 criteria and who wishes to reside in the State should make their application in writing to Unit 2 Residence Division, INIS, 13- 14 Burgh Quay ,Dublin 2 An application must include the following Reason for the request Full copy [...]
PAYE MODERNISATION – ARE YOU READY? The new PAYE Modernisation System is being introduced on the 1st January 2019. Its impact will be daunting and you will need to be ready for its change which is mandatory for all employers. For employers this introduces Real Time Reporting to Revenue which will necessitate changes in current [...]
Irish Times https://www.irishtimes.com/business/transport-and-tourism/airbnb-set-to-hand-over-hosts-names-to-revenue-1.3624515
The Solicitors Accounts Regulations 2014 require that solicitor firms file a “Reporting Accountants Report” with The Law Society of Ireland within six months of the firm’s financial year end. In order to ensure compliance the reporting accountant must have the knowledge and experience in dealing with the regulations. We are approved by the Law Society to complete [...]
If self-employed people have their work reduced dramatically by loss of contracts, self-employed people are entitled to social welfare payments. If you are still working as a self-employed person but your income is below a certain level you should apply for Jobseekers Allowance, you can continue your business and still qualify for Jobseekers Allowance. Jobseeker's [...]
Revenue have been issuing letters to homeowners who have been letting their property through Airbnb. These letters are covering the periods from 2014 through to 2016. Airbnb have been providing information to Revenue since 2015 so it will be a matter of time before the dreaded letter from Revenue arrives in the letterbox. There are [...]
