Tax Relief on Third Level Contributions
Conor Gallagher
You can claim tax relief on qualifying fees (including the student contribution) that you have paid for third level education courses. The qualifying fees must be paid for an approved course at an approved college. Other charges and levies do not qualify for relief such …
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 …
How Employers Can Reimburse Employee Expenses
Gallagher Keane provide professional accounting, tax, and financial advice. We can help you to make better informed business decisions to reach your goals effectively. …
Who Should Register for VAT?
A value-added tax is a type of tax that is assessed incrementally. The thresholds depend on your turnover in any continuous 12 month period. …
What You Need to Consider Before Investing in Cryptocurrency
Colin Keane
Investing in cryptocurrencies has become increasingly popular in recent years. People are now building up digital assets. Cryptocurrencies, such as Bitcoin and Ethereum and more, are rapidly emerging into wider public ownership and usage. However, it is important to consider the potential tax implications on wealth generated from investing …
Taxation of the Pandemic Unemployment Payment (PUP)
During 2020, the payment of the PUP was not taxable at the time of receipt from the Department of Social Protection. This ensured that individuals could register for and start to receive PUP payments quickly. In September 2020, Revenue announced that PUP tax liabilities would …
Top Tips for Filing Your Self-Assessment Tax Return
The deadline for filing your self-assessment tax return is approaching. The official deadline is October 31st 2021. However, this can be extended if you use Revenue’s Pay and File system to pay, and file using Revenue Online Service (ROS). The extended Pay and File deadline …
Local Enterprise Office & Support for Your Business
Your local enterprise office (LEO) is a place to go if you need advice, support, and information to help grow or start a business in Ireland. This blog outlines what your Local Enterprise Office does, the types of LEO grants and supports available to entrepreneurs and …
€2,000 Voucher to Cover Energy Audit for SMEs
Sustainable Energy Authority of Ireland (SEAI), is encouraging Irish SMEs to take control of their energy use with the launch of a new support scheme. The Scheme will provide SMEs with a €2,000 voucher to cover the cost of an energy audit. An energy audit identifies tailored …
The Stay & Spend Tax Credit
The Stay & Spend scheme aims to support the hospitality industry, which has been impacted greatly by COVID-19. The Stay and Spend Tax Credit is available for the years 2020 and 2021. It may be used against an Income Tax or Universal Social Charge liability in …
