As the Pay & File Deadline approaches, we are bringing you an urgent reminder that you may face a 10% Surcharge on your income tax return if you have not yet complied with their Local Property Tax (LPT) obligations. This may come as an unpleasant surprise for...
The Irish Fiscal Policy Research Centre (www.publicpolicy.ie) has launched a tool which allows you to see how your tax funds the various areas of public expenditure. The tool is interactive: you input your gross salary and the tool shows you how much tax you are...
It looks like winter has already settled in! Well why not go on a holiday on us? The average tax refund is just under €900 – think of where you may be able to go … the sunny Canary Islands or even a shopping trip to New York. Simply complete the application form and...
As expected, due to EU budgeting rules, the date of the Irish Budget for 2014 has been brought forward to Tuesday 15 October 2013. Please note that this is the normal date that changes to tax rates and price increases can take effect. If you are in the process of a...
If you were one of those people who thought they had got away without paying their Local Property Tax … think again! Revenue has started dipping into wages, salaries and pensions to get their money. Irishtaxback.ie would recommend that you examine your payslip closely...
The ultimate question to be asked by a sole trader… ‘How can I reduce my tax liability?’ Answer – business expenses! As a sole trader you will come to your profit figure by deducting ‘allowable expenses’ from your sales. So the issue of what is and what is not...
