At recent CPD lectures (Continuing Professional Development) the presenter confirmed the following facts you may find of interest: Revenue Audits (A) Only 6% of Revenue Audits are random – the other 94% is as a result of statistical analysis and monitoring of taxpayers returns. (B) In 2019 , Revenue are targeting a number of relatively […]

Exemption from Benefit In Kind for the driver, and accelerated capital allowance for the company were introduced in October 2017 budget. At the time there were limited electric cars – Tesla at the top end of the market, and the Nissan Leaf at the lower end. So the company can pay all costs of the […]

In March of this year the Minister for Finance signed into law, Statutory Instrument No.110 OF 2019 to establish a Central Register of Beneficial Ownership of Companies. The Register of Companies (i.e the CRO) has been appointed as the Registrar of Beneficial Ownership with effect from 29th July 2019. What does this mean for you? […]

Many of our clients have children over 16 year of age, whom help out in the family business during the summer break. Remember you can legally pay them at comparable rates to any other person you may employ to carry out that task. They will receive tax credits and standard rate cut off, and in […]

Increased Subsistence rates The Revenue Commissioners have announced increased rates of subsistence, effective from 1st July 2019. They are as follows: Away from base for 5 hours but less than 10 New rate: €15.41 Old rate: €14.01 Away from base more than 10 hours New rate: €36.97 Old rate: €33.61 Overnight rate New rate: €147.00 […]