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.

Interest Rate Reduced to 0% on Warehoused Tax Debt

Interest Rate Reduced to 0% on Warehoused Tax Debt

The Minister for Finance has announced a significant change to the Tax Debt Warehousing Scheme that could provide much-needed relief for small businesses across the country. The interest rate on warehoused tax debt has been reduced to 0%. Introduced in response to the...

read 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
Five Money Saving Tips for Small Businesses

Five Money Saving Tips for Small Businesses

Running a small business? It's crucial to manage your finances wisely to ensure long-term success. Here are five money-saving tips to boost your bottom line: Review your expenses regularly and identify areas to cut costs. Keep your business finances in check by...

read more
Rent Credit Eligibility

Rent Credit Eligibility

It has been reported that just over half of eligible individuals for rent credit are missing out and yet to register. To avail of rent credit, the landlord has to be registered with the Residential Tenancies Board, for the tenant to qualify. This requirement aims to...

read more
Changes for Non-Resident Landlords

Changes for Non-Resident Landlords

From 1st July 2023, the system in which non-resident landlords declare income tax on rental income received is changing.  Currently, If you are a non-resident landlord, to pay tax on your irish rental income you have two options: engage the services of a collection...

read more
Rent Credit for Unregistered Tenancies

Rent Credit for Unregistered Tenancies

The new rent tax credit of €500 that was introduced in December 2022, could be left unclaimed by thousands of tenants unable to claim due to their landlords not being registered with the Residential Tenancies Board (RTB). The legislation states that the tenancy must...

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.