VAT Rate reverts to 23%

VAT Rate reverts to 23%

From today, 01st March, the vat rate will revert back to 23%. Due to the pandemic, the VAT rate was reduced to 21% for 6 months. Unfortunately, the Government have confirmed this will not be extended and from 01st March, businesses need to now apply the 23% rate to...
Revenue extends reduction on BIK for company cars

Revenue extends reduction on BIK for company cars

In March 2020, Revenue introduced an amendment on BIK due to the Covid Pandemic, as many employees were not driving for business purposes. The new measure allowed employees with company cars to calculate their monthly BIK due based on the business kilometres driven in...
New Enterprise Support Grant

New Enterprise Support Grant

The Department of Employment Affairs and Social Protection has announced a new Enterprise Support Grant will be made available to all self-employed who ceased the Pandemic Unemployment Payment after 25th June 2020. A grant of up to €1,000 will be available to help...
Childcare Services Relief

Childcare Services Relief

What is Childcare Services Relief? The Childcare Services Relief provides an exemption from income tax to taxpayers who provide childminding services in their own home. Covid-19 Temporary Measure Introduced Due to Covid-19, this has now been temporary amended due to...