News & Advice

Welcome to our April newsletter. Spring really has arrived and the longer brighter days are good for the soul. We are now well into the year but I feel it is no harm to remind all of our clients, of these simple but very effective ways to reduce your PERSONAL TAX in 2025/for 2024 tax […]

Good news for people claiming subsistence The rates for subsistence have increased with effect from 29th January 2025. For new readers of our Newsletter, let me explain what subsistence is. The civil service introduced this allowance to essentially compensate themselves for being away from their “normal place of work (NPOW)” and having to buy their […]

Did you receive an Income Tax refund in 2024? Many of our clients received refunds for various reasons in 2024. The most common causes were: Making extraordinary personal contributions to a PRSA. A significant illness requiring expensive medical care. A change in personal circumstances – marriage; taking a mortgage for the first time; redundancy. Being […]

Recent publicity regarding staff entertainment The Irish Times (18th November) carried an article headed “Revenue clampdown could spoil the office party as taxes hit workplace celebrations”. The timing of this in my opinion is purely to spread unnecessary fear and attract debate among readers. The existing Revenue Tax and Duty Manual (Part 05.01.01i) covers this […]

Budget 2025 The Apple Tax Windfall Budget! Budget Overview The coalition has made its multi-billion-euro pitch to voters ahead of the general election, with an €8.3bn Budget comprising €1.4bn in tax cutsand €6.9bn in new spending. Finance Minister Jack Chambers said the changes to personal income taxes would support low and middle-income earners. A range […]