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.

Enhanced Reporting Required by Employers

Enhanced Reporting Required by Employers

Starting in January 2024, employers will have an obligation to furnish specific information regarding payments issued to directors and/or employees. This obligation will be part of an Enhanced Reporting mandate imposed by Revenue. Where an employer makes a payment...

read more
Ireland v the rest of the world: Do we pay too much tax?

Ireland v the rest of the world: Do we pay too much tax?

Interesting article in Irish Times on 26th September 2017 With the budget fast approaching, tax cuts are on everyone’s minds. But is it time for a wider analysis of our tax system? It’s not something we’re inclined to do. Typically, each year the focus is on helping...

read more
Budget 2018….further details emerging

Budget 2018….further details emerging

Budget 2018 - what we know so far... Irish Times 05 Sept 2017 It is now five weeks until budget day, when Minister for Finance Paschal Donohoe will walk into Leinster House with a briefcase to deliver for the first time his pronouncements on how much of our pay cheque...

read more
Budget 2018

Budget 2018

Budget 2018 rumours have started... Irish Times 01 Aug 2017 It’s just 10 short weeks until Budget Day 2018, a time when Pascal Donohoe will walk down the steps of Leinster House with a briefcase tucked under his arm for the first time. read more  ...

read more
Help to Buy Incentive

Help to Buy Incentive

With the new ‘Help to Buy’ incentive introduced, it’s providing a welcome support to first-time buyers of newly built homes trying to save for a deposit. How does it work? The scheme provides a refund of income tax and Deposit Interest Tax (DIRT) paid over the last 4...

read more
Claiming a Tax Refund on Tuition Fees

Claiming a Tax Refund on Tuition Fees

Tax relief is available on fees paid for approved Third Level, Foreign Languages and Information Technology courses as long as you have paid the fee for yourself or on behalf of another person, this includes; Tuition Fees & Student Contribution for 2nd and...

read more
Revenue’s Annual Report 2016

Revenue’s Annual Report 2016

Recently, Revenue published their 2016 Annual Report. Here are just some of the findings and results;   Net receipts increased by 4.7% on 2015 to €47.95 billion in 2016 - the highest figure for net receipts in the history of the State! The overall yield from...

read more
Offshore Disclosure Deadline Extended!

Offshore Disclosure Deadline Extended!

Revenue has announced an extension to the deadline for disclosing offshore interests to next Thursday 04th May 2017.  The Revenue Chairman is encouraging those affected to avail of this opportunity to make a full disclosure of their offshore interests. Should you have...

read more
Extension of Pay & File Deadline for ROS Customers

Extension of Pay & File Deadline for ROS Customers

Yesterday, Revenue announced an extension to the ROS return filing and tax payment date for certain self-assessment Income Tax customers and for customers liable to Capital Acquisitions Tax (CAT). For customers who file the 2016 Form 11 return and make the appropriate...

read more
Non-Principal Private Residence (NPPR) Charge- Update

Non-Principal Private Residence (NPPR) Charge- Update

Following our previous post regarding the possible change to claiming NPPR as an allowable expense, Revenue have now provided a facility to enable landlords to make a provisional claim for a deduction for 2013 only, pending a determination by the Court of Appeal. The...

read more

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.