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.

Types of Companies in Ireland

Types of Companies in Ireland

If you set up your business as a limited company it is a separate legal entity from shareholders and directors.  The assets of the company are the property of the company and not the shareholders.  Therefore, any debts of the company are the responsibility...

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Annual Filing Requirements for Companies

Annual Filing Requirements for Companies

All companies must be registered with the Companies Registration Office.  They must submit an annual return called a B1 along with their Financial Statements to the Companies Registration Office each year.  These submissions are due in Companies Registration Office 28...

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Split Year Relief

Split Year Relief

Planning on Moving Abroad? If you are resident in Ireland in the year of moving and non-resident the following year, you can claim Split Year Relief in the year of moving abroad. This applies to employment income only. Your income is taxed as standard as a resident up...

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Getting tax back on your Pension Lump Sum

Getting tax back on your Pension Lump Sum

As the October 31st tax deadline races towards us, you may want to consider topping up your pension, as this is the deadline for claiming any tax relief this amount for the 2017 tax year. You can make lump sum payments to your private pension or an AVC (Additional...

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Rental Income including Airbnb

Rental Income including Airbnb

There has much press coverage of Revenue investigating tax affairs of homeowners, in particular, those letting rooms through the Airbnb website, as previously highlighted by us here. A press release issued by Revenue on 18th September (read it here) has now directly...

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Audit Exemption – Who Qualifies?

Audit Exemption – Who Qualifies?

Any company who has had to go through an Audit will know that it is both extremely time consuming and costly. Audits can only be undertaken by Registered Statutory Auditors.  In recent years, audits have become more complex and the audit process itself has become far...

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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.