Applications from first-time homebuyers for financial support under the Government’s Help-to-Buy scheme opened on 3rd January 2017. Read the following article for more information ->> http://www.irishtimes.com/business/personal-finance/help-to-buy-scheme-how-does-it-work-and-how-do-i-apply-1.2923413
Interesting article outlining the new rules which make it harder for parents to gift property to their children. http://www.irishtimes.com/business/personal-finance/new-rules-make-it-harder-for-parents-to-gift-property-to-their-children-1.2930760
The Finance Minister Michael Noonan delivered the first budget of the current coalition government on 11 October 2016. Against a back drop of falling unemployment and steady economic growth, the budget contained few surprises, with the Government adapting a ‘steady as she goes’ approach to its finances. Overall this has been a budget which will leave the majority of people
It is not just the self-employed who must file a tax return. It applies not only to sole traders, the self-employed and farmers but also to those individuals that the Revenue Commissioners deem as ‘Chargeable Persons’. The tax deadline is fast approaching (on or before October 31st and if filed electronically, the deadline is November 10th). What are the most
Do you have a tax efficient will? Moran McNamara can help you… We understand that no amount of planning can lessen the sense of loss for a loved one, but it can help reduce the associated tax bills. We offer tailored and practical taxation advice to meet your needs and wishes. 5 TIPS to reduce your Inheritance Tax bill
This week along with the rest of the country, we watched with great interest as Minister for Finance Mr Noonan presented Irish Budget 2016 and outlined wide ranging adjustments to the personal tax regime, primarily on focused USC. The minister also announced steps to begin equalising the tax treatment of the self-employed and employees, together with proposals to support entrepreneurship. Find out more about
A new RTE investigation has revealed that farmers are by far the most numerous tax offenders, accounting for more than 10% of all convictions. They were followed by company directors (4.7%), builders (3.5%), building contractors (3.2%), carpenters (3.1%) and plasterers (2.1%). Roscommon also makes headlines having the highest rate of offenders in the country! The RTE investigation also found that farmers came out
The Home Renovation Scheme has been extended to landlords and now provides for tax relief by way of an income tax credit equal to 13.5% of qualifying expenditure incurred on repair, renovation or improvement work carried out on a landlord’s rental properties. For more information, click here or call us on 071 9671524 to find out more about how we
We can advise that the income limit in respect of the letting, for residential purposes, of a room or rooms a persons’ home has increased from €10,000 to €12,000 with effect from 1 January 2015 as introduced by Finance Act 2014. The relief can apply in the case of lettings to students, but not in the case of guest accommodation.
