The rules surrounding dividends in the Irish economy are about to change, and it’s important to understand what’s in store. Alongside the 15% corporation tax rate set for the next year, there will be new rules to govern how companies distribute dividends....
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...
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...
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...
Revenue have recently written to a number of taxpayers with a ‘Notification of Level 1 Compliance Intervention Re: Tax Liability of Share Options Exercised’. Below, we will provide an explanation of what this letter means and the steps involved. So, what does this...
Your accountant can provide advice on VAT registration and help you identify opportunities to save money on VAT payments. Additionally, they can calculate and submit VAT returns on behalf of your business. By entrusting your VAT returns to your accountant, you can...
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