Tax Return Guides

Insights, news and information related to income tax returns from our expert accountants.

Top Highlights from Budget 2025

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 ...

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Small Gift Exemption in Ireland: What Do You Need to Know?

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 ...

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Tax Residency Statuses in Ireland Explained

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 ...

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Entrepreneur Tax Relief in Ireland – How does it work?

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 ...

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Dividend Tax in Ireland: What You Need to Know

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 ...

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Retirement Relief in Ireland: A Complete Guide

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 ...

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Self Employed Tax Credit: A Complete Self-Employed Individuals in Ireland

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 ...

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What Are Mortgage Interest Tax Credits and how do you claim?

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 ...

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A complete guide to earned income tax credit in Ireland

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 ...

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A Comprehensive Guide to Form 12 for Irish Tax Returns

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 ...

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All You Need to Know About Inheritance Tax In Ireland

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 ...

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Enhanced Employer Reporting Requirements from 1st January 2024

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 ...

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Top Highlights From 2024 Budget

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 ...

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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 ...

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Tax Tips & Advice 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 ...

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How to File a Personal Tax Return for the first time?

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 ...

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Your Complete Guide to Local Property Tax (LPT) in Ireland

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, ...

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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, ...

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Budget 2022 – The Impact on Your Finances

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 ...

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Income Tax Returns for Freelance Marketers – 3 Simple Steps

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 ...

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Tax Guide For Fitness Instructors And Personal Trainers

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 ...

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Non-Resident Landlord Collection Agents

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 ...

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Income Tax Deadline Ireland 2021: Complete Guide

Income Tax Return Deadline Ireland 2021 Each year, many people living and working in Ireland are required to file an income tax return with the Revenue Commissioners and pay tax ...

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Capital Gains Tax Ireland: 4 Tips For Filing Your CGT Return

New to Capital Gains Tax in Ireland? Here’s Everything You Need to Know Capital Gains Tax (CGT) is a tax on the profits made from the disposal of ...

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Relevant Tax on Share Options: A complete guide for Irish regulations

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 ...

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Tax Breaks For Landlords – What Can You Claim?

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 ...

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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 ...

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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 ...

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Tax on Rental Income in Ireland: Most Frequently Asked Questions

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 ...

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Non Resident Landlord: Guide to Irish Tax Returns

Guide to Irish Rental Income Tax Returns  & Appointment of Collection Agents for Non Resident Landlords If you own rental property in Ireland but are not currently living in ...

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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 ...

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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 ...

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Tax Return Deadline: Deadline For All Irish Tax Returns

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 ...

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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, ...

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A Comprehensive Guide to Form 11 for Irish Tax Returns

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.

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What is Preliminary Tax and Why is it So Important?

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 ...

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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 ...

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Self Assessment Tax Returns In Ireland: A Complete Step by Step Guide

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 ...

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What Home Improvement Tax Relief Grants Are Available In Ireland?

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 ...

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Newly Self-Employed: How To Register for Self-Assessment as a Sole Trader

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 ...

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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 ...

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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 ...

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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 ...

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Airbnb Tax Ireland: Understanding Your Tax Obligations as an Airbnb Host

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 ...

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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 ...

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