From January 2021, Revenue issued preliminary End of Year statements for all employees for the year 2020. This allowed for employees to review their income tax & USC liabilities (if any) due to receiving the TWSS (Temporary Wage Subsidy). Employers can pay some or...
A taxpayer may claim dependent relative credit for maintaining a relative or spouse at their own expense. This relative may be incapacitated by old age or infirmity or a widowed parent. This relative is not required to be living in Ireland to qualify. This tax credit...
With effect from 26th March 2020, employers who have been adversely affected by Covid-19, have been operating the wage subsidy scheme along with their own payroll as income supports to their employees. 2020 Tax Liability Employee’s may have a liability due of income...
The deadline for all self-assessed individuals to file their Form 11 tax return & submit payment has been extended, Revenue have announced. Clients that file their 2019 Form 11 return and pay the following; Preliminary Tax due for 2020Income Tax Balance for 2019...
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