From January 2024, the way in which Employee Share Purchase Plan’s (ESPP) are taxed has changed. Whether you’re an individual participating in an ESPP or a small business owner offering these plans, these changes affect you! What is an ESPP? An ESPP is a way for...
In Budget 2024, a temporary Mortgage Interest Tax Credit (MITC) was announced to be introduced for eligible homeowners. This credit, applicable for the 2023 tax year, aims to provide financial relief to certain taxpayers with mortgage balances between €80,000 and...
A recent update from the Revenue Commissioners, confirmed they have sent 142 letters to social media influencers. This letter served as a gentle reminder to make sure income, gifts, freebies, and even virtual currency or token payments – are properly accounted...
The Revenue Commissioners has issued a warning to businesses with €1.8 billion in warehoused debt from the Covid-19 pandemic, advising them to engage ahead of the May deadline for payment. Businesses are encouraged to plan for repayment and, if necessary, establish a...
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....
The material contained on this website is for general information purposes only and does not constitute legal or other professional advice, it is deemed correct at the time of publishing, and may be from third party sources.