Tax Return Guides

If you’re running an online business in Ireland, DAC7 is an important element you can’t ignore. This new EU rule puts the spotlight on how online platforms ...

Receiving a gift or inheritance should be a moment to celebrate – but it’s important to understand how capital acquisitions tax might impact what you receive. Whether you’re ...

Capital Gains Tax (CGT) can feel confusing, but with a few clear steps, it’s pretty simple to understand. Whether you’re selling a property, giving a big gift, ...

The budget takes place today, Tuesday, October 1st 2024 and the qualified accountants here at Tax Return Plus will be reviewing the budget announcements in detail and breaking down what ...

Navigating the intricacies of tax regulations can be challenging, especially regarding gifts and inheritances.  When your receive gifts or inheritances, that tax that may be applicable is Capital Acquisitions ...

Navigating tax laws in Ireland can seem overwhelming, particularly when it comes to grasping the effects of different residency statuses. Ireland’s tax system outlines three main types of ...

Entrepreneur Relief is a big tax incentive in Ireland. It’s designed to encourage investment in business ventures. It does this by reducing the Capital Gains Tax (CGT) rate ...

Dividend tax is an important consideration for individuals receiving dividend income in Ireland. Understanding how dividend tax works, who is liable, and the applicable rates can help you manage ...

Retirement relief is a crucial tax benefit available to individuals in Ireland who are retiring and looking to dispose of their business or farm assets. This guide provides an ...

Understanding and applying the available tax credits can substantially reduce the tax liability for self employed individuals in Ireland, which can lead to significant savings. This comprehensive guide provides ...

Mortgage interest relief is a critical financial support introduced as part of Budget 2024 for homeowners in Ireland, offering them a way to alleviate some of the financial burdens associated ...

Navigating the complexities of tax obligations can often feel daunting, especially for self-employed individuals and those earning supplementary income in Ireland. However, there’s a beacon of hope in ...

Understanding and correctly filling out Form 12 is crucial for anyone looking to ensure their tax affairs are in order. At Tax Returns Plus, with two decades of experience in ...

Understanding inheritance tax in Ireland can be complex, especially when dealing with various aspects like capital acquisition tax, thresholds, and potential exemptions. Our expert team at Tax Returns Plus ...

Effective January 1, 2024, Section 897C of the Finance Act 2022 mandates employers and payroll processors to report details of specific payments made to employees and directors. What has changed? Currently, an ...

The 2024 Budget Day is Tuesday, the 10th of October. Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe will begin outlining the full Budget in a ...

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 ...

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 ...

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 ...

Navigating the world of local property tax (LPT) in Ireland can be a daunting task. This blog aims to demystify LPT, explaining what it is, why it’s important, ...

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, ...

Tax Return Plus Budget 2022 Highlights Budget 2022 was presented today (12th October 2021). Our tax experts have comprehensively reviewed the budget and its implications for our clients. We hope you will ...

Income Tax Returns for Freelance Marketers Recently, we have seen significant changes in the way the world does business due to the global pandemic. Now more than ever, companies ...

With the country adapting to social distancing measures and more businesses moving online every day, working as a fitness or wellness instructor is becoming increasingly popular. Fitness coaches, teachers ...

Non-Resident Landlord Collection Agents A Non-Resident Landlord is someone who owns a rental property in the Republic of Ireland but is currently living abroad. All non-resident landlords must declare ...

Each year, many people living and working in Ireland are required to file an income tax return with the Revenue Commissioners and pay tax on the profits they have ...

What is Capital Gains Tax? Capital Gains Tax (CGT) is a tax on the profits made from the disposal of assets. In Ireland, individuals are liable to pay CGT ...

If you are living and working in Ireland, you may receive company shares from your employer. Whether you receive these shares as part of your remuneration package, as a ...

If you are a landlord with property in Ireland, you must declare any rental income to the Revenue Commissioners. Regardless of your earnings, tax rate band, country of residence ...

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 ...

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 ...

Rental Income Tax Returns: Most Frequently Asked Questions If you own Irish rental property, you know that filing and paying your rental income tax return is not a simple ...

Non Resident Landlord Tax In Ireland If you own rental property in Ireland but are not currently living in the country, you are considered a non resident landlord. All ...

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 ...

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 ...

Guide to Income Tax Returns in Ireland:  Every year in Ireland – Landlords, Subcontractors, Freelancers, Small Business Owners and Self-Employed individuals must pay tax on the profits made during the ...

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, ...

It can be difficult to determine your tax liabilities as a landlord. This blog covers everything you should know about your tax liabilities & form 11.

If you have an income tax return to complete in Ireland, then preparation for preliminary tax is essential. It’s important because you must pay it in advance of ...

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 ...

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 ...

All landlords have a legal duty to make sure their properties meet certain minimum physical standards. These standards were originally set back in 2008, but have since been updated, and ...

Becoming self-employed or setting up as a sole trader in Ireland for the first time can be an exciting, challenging and anxious transition. Calculating and paying your tax liability ...

  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 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 ...

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 ...

As Airbnb has become an increasingly popular accommodation option for travellers worldwide, it has also opened up new opportunities for property owners to generate additional income by renting out ...

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 ...