What is the Maximum Annual employee Pension contribution?
The Government today announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years. …
Government Announces €85m fund to help SMEs embrace Digital Technology
The Government today announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years. …
How do you determine if a consultant is an employee or self-employed?
When an individual is setting up a consultancy role with a potential client it is important that they are certain if they should be structured as an employee or can they be structured as self-employed. We have outlined below some points that should help individuals …
Options for Companies with Non-EEA Directors
Gallagher Keane provide professional accounting, tax, and financial advice. We can help you to make better informed business decisions to reach your goals effectively. …
Government Launches Further Low cost COVID-19 Loan Scheme to Help Businesses
The Government today announced a further loan scheme to help SMEs access low-cost finance, recognising that many of them are still getting back on their feet after what has been an incredibly challenging few years. …
Is there any Differences between Director Fees and Director Salaries?
From a tax perspective in Ireland the answers is no, and must be treated in the exact same manner. Payment of Director Fees Fees paid to directors in their capacity as office holders, are chargeable to tax under Schedule E and subject to deductions at …
Nursing Home Expenditure Tax Relief
You may claim Income Tax (IT) relief on nursing home expenses paid by you. You can claim this relief as a deduction from your total income if the nursing home provides 24-hour on-site nursing care. This means that the portion of your income which is …
EWSS Self Review
Revenue have recently written to all companies who availed of the EWSS scheme asking for a final self-review of monies received. Revenue outline in details the money received and the PRSI credits received by the company during the relevant periods it was claimed. Every beneficiary …
Debt Warehousing and Phased Payment Arrangements
As part of the criteria to ensure that a company or individual is able to avail of the Tax Debt warehousing scheme introduced by Revenue due to Covid, all entities must ensure that current tax liabilities are filed and paid. Revenue recognise that this isn’t …
Incorporation of Property Assets
When a person is deciding to hold a property through a company or personally, there are a number of issues to be considered. Due to the fact that personal tax can be in excess of 50% in Ireland, the incorporation of property assets should …