As part of your ongoing personal tax compliance, it's important to be aware of Capital Gains Tax (CGT). CGT is a tax that individuals in Ireland need to pay when they make a profit from selling certain assets.

Budget 2025 has delivered a significant boost for workers and households, addressing the cost-of-living crisis. However, the implications for businesses are more nuanced. While some sectors will benefit, others face challenges.

Taxes are a fact of life, but that doesn't mean you have to pay more than necessary. In Ireland, the government offers various tax credits designed to ease the burden on taxpayers. This guide explores some of the most commonly claimed tax credits, helping you understand what they are, who qualifies, and how to claim them.

For self-employed individuals in Ireland, the deadline for filing your self-assessment tax return is October 31st, 2024. However, if you've signed up for Revenue Online Service (ROS), you'll have until November 14th, 2024 to file and pay.

For self-employed individuals in Ireland, the clock is ticking on their annual self-assessment tax return. With the official deadline of October 31st, 2024 looming, understanding the process and navigating the complexities can feel overwhelming.

New figures published recently by the Revenue show that over 472,000 PAYE Income Tax Returns have been processed for 2023, an increase of almost 30% on the previous year.

Revenue said a total of €203m has already been refunded to people's bank accounts as a result of the 2023 returns filed by PAYE taxpayers so far, while a further €480m may have been overpaid during the year.

One of the big money-saving measures announced in the most recent Budget was the mortgage interest relief initiative - temporary Mortgage Interest Tax Credit (MITC).

Although it was announced last year, it was only in the last few weeks that people could apply for the relief. Potentially it could see homeowners getting up to €1,250 back in their pockets.

You may not necessarily need an accountant to prepare your tax return– it really depends on the complexity of your business and your financial knowledge. But one way or the other, if you’re self-employed, you’re obliged to file a return. Here are 8 practical tips to make the process as smooth as possible.