Top Highlights from 2023 Budget
The 2023 Budget was presented yesterday, Tuesday the 27th of September. This is a little earlier than normal owing to energy inflation and the general increased cost of living. The ...
Irish Tax Returns Tips
Whether you are a small business owner, landlord, self-employed or an independent contractor in Ireland, you must file an income tax return every year. At Tax Return Plus we understand that for many small business owners, sole traders and landlords, filing a tax return can prove a troublesome process. With so many documents to gather, deadlines to be aware of and financial figures to note, figuring out your income tax return quickly becomes an overwhelming chore.
That’s why our tax experts at Tax Return Plus have outlined everything you need to know about Irish income tax returns in these handy articles. From understanding preliminary tax to filing form 11, these articles will help you understand everything tax return related.
Tax Tips for New Landlords in Ireland
Tax Tips for New Landlords in Ireland Firstly, if you have become a first-time landlord in Ireland, congratulations! Secondly, welcome to the world of Tax Return Plus! We all ...
Your First Tax Return And How To Submit It
As a new business, when do I need to file my tax return? As a sole trader, you are responsible for your tax since the first day you started ...
Paying Local Property Tax (LPT) – Step-by-Step Guide
The Local Property Tax (LPT) is an annual self-assessed tax based on residential property values in the Republic of Ireland. The owner of the property is liable, regardless of ...
Employee Share Profits: Revenue Are Cracking Down
Companies are increasingly offering share options to their employees, but the details as to who is responsible for the tax bill can be unclear. It’s no surprise that, ...
4 Tips For Filing Your CGT Return
Capital Gains Tax Ireland: Filing Your Return Individuals must file a Capital Gains Tax (CGT) return if they have either: • made gains from the disposal of an asset • disposed ...
Have a Nixer? Here are 4 Things to Know About Filing a Tax Return
Guide to income tax returns for nixers: Are you looking to take on a nixer, but are unsure of how it will affect your taxes? Have you been working ...
10 Important Tax Saving Tips For Contractors in Ireland
If you are an independent contractor operating in Ireland, whether through the RCT system (Relevant Contracts Tax) or not, you’ll need to declare your income to the Revenue ...
10 Tax Deductible Expenses for the Self-Employed in Ireland
10 Tax Deductions for the Self-Employed in Ireland If you’re self-employed or receive income from non-PAYE sources, you must register for self-assessment. Self-assessment is where you calculate the income ...
Relevant Contracts Tax for Subcontractors: Most Frequently Asked Questions
Every year in Ireland, Subcontractors in the construction, forestry and meat-processing industries are required to file an income tax return. Here at Tax Return Plus, we receive a lot ...
Re-branded Tax Return Plus Service Simplifies Tax Returns | Press Release
Specialist tax advisors, the MB Tax Refunds Group, is rebranding its Self Employed income tax return business under the name Tax Return Plus. The service, accessed through a new, ...
What is Preliminary Tax and Why is it So Important?
If you have an income tax return to complete, then preparation for preliminary tax is essential. It’s important because you must pay it in advance of the following ...
A Simple Guide to 2018 Tax Legislation for the Self-Employed
For self-employed workers, it is important to ensure keeping up – to – date with any tax changes coming into the new year. There are a number of important tax updates ...
Self-Employed? Find Out How to File Your Tax Returns
Filing your tax returns can seem like a daunting prospect—there is much conflicting information online about self-employed tax returns. In fact, it can be difficult to know the ...
Newly Self-Employed? How To Register for Self-Assessment
How To Register for Self-Assessment Becoming self-employed for the first time can be an exciting, challenging and anxious transition. Calculating and paying your tax liability in the first year ...
Tips for Tracking Expenses for Your Tax Return
The October 31st deadline to file your tax return is quickly approaching. Many landlords and self-employed individuals resign themselves to spending these weeks scrambling to collect, sort and ...
Filing Tax Returns – 10 Key Terms Explained
Filing tax returns can be a difficult process to understand, whether it’s your first time or indeed your tenth time to do so. It’s easy to become ...
Business Expenses You Can Claim on Your Income Tax Return
Did you know that self-employed individuals can get tax relief on business expenses paid by them to help earn a profit? In order for an expense to be regarded ...
What Being An Airbnb Host Means for Your Taxes
If you’re an Airbnb host or have been in the past, you need to be aware that Airbnb has announced they are legally required to inform the Revenue ...
Top 5 Most Common Mistakes When Filing an Income Tax Return
Filing income tax returns may be frustrating but it’s important to get them right. Although completion is annual, people still find the process confusing and most just want ...