Companies and their directors are seen as two separate legal entities. Therefore, when a director wishes to borrow money from their company for personal use even for a short period of time there are a number of legal restrictions and tax implications to be considered....
In Monday’s Irish Times (14th May 2018), it was reported that new figures show inheritances and gifts worth over €1.4bn were subject to inheritance tax last year. The Revenue Commissioners have released figures showing receipts for CAT (Capital Acquisition tax) rose...
Revenue has announced an extension to the ROS Return Filing and Tax payment date to Wednesday, 14th November. This applies to certain self-assessed Income Tax customers and for customers liable to CAT (Capital Acquisitions Tax). Also for any PAYE customers who are...
An interesting article in the Irish Times, (17th April 2018), where a question is asked, ‘If I allow my son and his girlfriend to live in one of my investment properties, rent free, do I have a tax liability’? The answer…yes you could. ‘If the rent would be about...
Budget 2018 rumours have started… Irish Times 01 Aug 2017 It’s just 10 short weeks until Budget Day 2018, a time when Pascal Donohoe will walk down the steps of Leinster House with a briefcase tucked under his arm for the first time. read more ...
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