Surcharges on Late Returns for Directors

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?

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

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...
Inheritance Tax at record high

Inheritance Tax at record high

As reported in the Irish Times today, inheritance tax collected by the Exchequer in 2018 has reached a record high of €466.3 million, up by 10% on the previous year. This sharp increase is due to increased growth in property prices and the unchanged tax free...