Tax Tips March 2019

Tax Tips March 2019

Tax Tips March 2019 Tax Relief on Nursing Home Expenses You may claim income tax relief on nursing home expenses paid by you. You can claim this relief at your highest rate of tax if the nursing home provides 24-hour on-site nursing care. Nursing Homes Support (Fair...
Tax Tips February 2019

Tax Tips February 2019

Tax Tips February 2019 Finance Act 2018 – Business Tax Start-up Capital Incentive (SCI) The Act introduces a new tax relief for qualifying persons who invest in early stage startup ventures. The maximum amount, which a qualifying company may raise, is €500,000. The...
Tax Tips January 2019

Tax Tips January 2019

Tax Tips January 2019 Close Company Surcharge on certain undistributed income Section 440 of the Taxes Consolidation Act 1997 provides for an additional charge of corporation tax on close companies at the rate of 20 per cent of the excess of the aggregate of the...
Tax Tips December 2018

Tax Tips December 2018

Tax Tips December 2018 Domestic Employers and Domestic Employees Certain domestic employers are not required to register as an employer. This is outlined in section 986(6) of the Taxes Consolidation Act 1997. The key aim of this is to reduce the administrative burden...
Tax Tips November 2018

Tax Tips November 2018

Tax Tips November 2018 The Clawback of the Research & Development Tax Credit A tax credit for certain qualifying expenditure incurred by a qualifying company on R&D activities is provided for under section 766, 766A and 766B Taxes Consolidation Act (TCA...