Business Support Padraig Ambrose Business Support Padraig Ambrose

Capital Acquisitions Tax (“CAT”) Reporting

There have been some recent updates to Capital Acquisitions Tax (“CAT”) reporting obligations in respect of certain loans between close relatives. The new rules, which came into effect from 1 January 2024, apply to both new and existing loans and apply irrespective of whether any tax is due or not. This new tax filing requirement does not create any new tax liabilities.

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Business Support Padraig Ambrose Business Support Padraig Ambrose

Debt Warehousing Scheme Update

The Minister for Finance, Michael McGrath T.D., has announced that the interest rate applicable to warehoused debt will be reduced to 0%. Revenue has confirmed that it will operate the reduced interest rate on an administrative basis pending the legislative change.

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Tax Agnes Zawistowska Tax Agnes Zawistowska

Revenue Information Campaign for PAYE Taxpayers

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.

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Tax Agnes Zawistowska Tax Agnes Zawistowska

8 Tips for Filing Your Self-Assessment Tax Return

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.

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Budget Agnes Zawistowska Budget Agnes Zawistowska

BUDGET 2024

The 10th of October marked the announcement of Budget 2024 with some significant changes coming into effect over the coming months. Download our budget summary below to read what changes may impact you and your business.

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Tax Padraig Ambrose Tax Padraig Ambrose

Update for Non-Resident Landlords witholding Tax

Recently Revenue have sent more than 20,000 letters to non-resident landlords and their collection agents, informing them of the upcoming changes to the administration of withholding tax for non-resident landlords.

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