by ITAS Accounting | Jan 31, 2022 | General
In this scenario, we look at a company looking to set up in Ireland from abroad. A company may look to set up in Ireland to access the EU market and to avail of our 12.5% corporation rate, but what do they need to consider before doing so? Filings The company needs to...
by ITAS Accounting | Mar 11, 2020 | General
As reported in the Irish Times, 03.03.2020, the latest exchequer returns show the Government received income tax of €3.97 billion for the months of January & February, 3.3% lower than forecasted but up over 14% based on previous years. VAT income was up by 4%,...
by ITAS Accounting | Oct 1, 2019 | General
Ever wondered what taxes are financing government coffers? Source: Irish Tax Institute Pre-Budget 2020 Briefing Papers 2019
by ITAS Accounting | May 15, 2019 | General
Revenue issued their 2018 Annual Report on 09th May confirming Revenue collected net Exchequer receipts of €54.6 billion last year. Chairman, Niall Cody stated that; ‘when compared to 2017, net Exchequer receipts increased by €4 billion. There were increased receipts...
by ITAS Accounting | Sep 4, 2018 | General, Uncategorized
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....