Latest Irish Tax News

The ITAS Accounting blog brings you the latest Irish tax news and finance news, including the latest Revenue updates, amendments to legislation, tax deadline reminders, tax tips, business tips and more.

e-Working and home workers Update

e-Working and home workers Update

Revenue have issued updates to e-working and tax. As a majority of the country are now working from home, let’s recap on what this means for employees and employers? What is an e-worker? This is where an employee; Works from home full or part-time Works on the move,...

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Annual Return Date for Companies Extended

Annual Return Date for Companies Extended

The Registrar of Companies extended the filing deadline for companies with an Annual Return Date falling on 30th September 2020 or later. Any company with an Annual Return Date of 30th September 2020 or later will be deemed to have filed on time if all elements of the...

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Budget 2021

Budget 2021

Yesterday, the Government announced details of Budget 2021, the largest in the history of the State. So first, let’s look at what comes into effect today… Carbon Tax This has been increased from today by €7.50 per tonne of CO2 emitted. This will apply to petrol and...

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Local Property Tax valuation deferred…again!

Local Property Tax valuation deferred…again!

The valuation date for Local Property Tax has been deferred again due to Covid 19. The new valuation date has been deferred from 1st November 2020 to 1st November 2021. Minister Paschal Donohoe stated; “With this new valuation date, there will be no change in LPT...

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Income Tax Deadline Extension

Income Tax Deadline Extension

Revenue have issued confirmation that the Pay and File Deadline for 2019 Income Tax Returns will be extended to Thursday 10th December 2020. In order to qualify for this new extension, taxpayers much pay and file through ROS. If not, or only 1 of these actions are...

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Stay and Spend Tax Credit

Stay and Spend Tax Credit

As announced in the July Stimulus Package, a new income tax credit has been introduced for 2020/2021. The new Stay and Spend credit will be available to taxpayers who incur qualifying expenses from 01st October 2020 – 30th April 2021. Qualifying Expenditure Qualifying...

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Tax Refunds for Self-Employed & Companies

Tax Refunds for Self-Employed & Companies

In the July Stimulus Plan, the Government announced a range of tax, loan and expenditure measures. For those self-employed For self-employed individuals, who were profitable in 2019 but due to Covid-19 are now operating at a loss in 2020 will provide a new once-off...

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New Enterprise Support Grant

New Enterprise Support Grant

The Department of Employment Affairs and Social Protection has announced a new Enterprise Support Grant will be made available to all self-employed who ceased the Pandemic Unemployment Payment after 25th June 2020. A grant of up to €1,000 will be available to help...

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Disclaimer

The material contained on this website is for general information purposes only and does not constitute legal or other professional advice, it is deemed correct at the time of publishing, and may be from third party sources.