by Donna McCarra | Aug 14, 2019 | Irish Tax, Online Revenue Service, ROS, Tax
What is it? Relevant Contracts Tax (RCT) is a withholding tax which the Revenue Commissioners requires Principals operating in the construction, forestry and meat-processing industries to withhold from a sub-contractor engaged in a contract to carry out works on their...
by Donna McCarra | May 15, 2019 | Irish Tax, Online Revenue Service, PAYE, ROS, Tax
Tax relief can be claimed on the cost of health expenses at your standard rate of tax of 20%. These can be your own health expenses, those of a family member or any individual’s, as long as you paid for them. What expenses qualify for tax relief? To qualify for...
by Fiona Connolly | Mar 15, 2019 | Irish Tax, PAYE, Tax
The Employment (Miscellaneous Provisions) Act 2018 came into effect on the 4th March 2019. The Act imposes significant new obligations on employers and provides for enhanced rights and protections for employees. One of the key changes is that employers must give...
by Donna McCarra | Dec 22, 2018 | Financial Control, Irish Tax, ROS, Tax
You may or may not have heard that the VAT treatment of certain vouchers is due to change from 1st January 2019. The current position is that VAT is chargeable when the voucher is redeemed for goods and services. Under the new rule vouchers are...
by Fiona Connolly | Dec 15, 2018 | Irish Tax, ROS, Tax
What is a tax deductible expense? One of the biggest questions we get asked – “what can I claim?” The expenses that you can claim for are those that are directly related to the running of your business. The key thing to remember is that in order to be a...
by Fiona Connolly | Oct 9, 2018 | Irish Tax, PAYE, Tax
Are you ready for PAYE Modernisation? With PAYE Modernisation due to commence on 1st January 2019 have you taken the necessary to make sure you’re ready? To prepare for PAYE modernisation, there are two things you need to do: Ensure that you are following the...