Revenue now communicating with Residential Tenancies Board on rental properties
The Residential Tenancies Board (RTB) have always shared information with Revenue, but this will be the first year Revenue have sought confirmation that a landlord has registered with them in order to claim tax relief on their mortgage interest paid. As reported in...
Surcharges on Late Returns for Directors
Revenue have recently updated their briefing on surcharges to apply to Directors returns. Company directors and their spouses/civil partners, if jointly assessed, are obliged to file a self-assessment return every year. If a company director fails to file their annual...
Are you claiming exemption from property tax?
An exemption from paying Local Property Tax was introduced to all homeowners that purchased a property in 2013. This exemption is due to end this year and therefore homeowners that purchased their home in 2013 will be liable for property tax for the 1st time in 2020....
Tax Audit Crackdown on Airbnb hosts
As we mentioned in our blog last year, The Revenue Commissioners are continuing to analyse the tax compliance of Airbnb hosts and short-term lets. Revenue have confirmed they are closely examining short-term lettings such as Airbnb and is a focus of their compliance...