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 ...
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.
10 Tax Deductions the Self-Employed in Ireland Can Claim
Guide to 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 ...
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’re going to be doing a self-employed tax return, then you need to be prepared for preliminary tax. The reason it’s so important to factor into ...
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
Becoming self-employed for the first time can be an exciting, challenging and anxious transition—particularly when it comes to calculating and paying your tax liability for 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 make ...
What is Self-Assessment?
All self-employed people, including individuals with revenue streams from all sources e.g. rental income and foreign investments, must make a self-assessment to Revenue. While it’s easy to ...
Filing Your Self-Assessment Tax Return – Important Rules to Note
Are you preparing to file a tax return? For many small business owners, sole traders and landlords, filing a tax return can prove a troublesome process. There are just ...
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 ...