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Deadline Extension for reduced interest rate on outstanding tax debts
As announced in the July Stimulus Package, an incentive was included that a reduced interest rate of 3% per annum would only be applied to outstanding tax liabilities once a payment arrangement was agreed between Revenue and the taxpayer. Revenue have now announced...
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...
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...
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...