Revenue have just published the official 2016 average foreign currency exchange rates which should be used to convert foreign currency amounts in 2016 tax returns.
Category: Income Tax
Finally, High Court Rules NPPR IS Tax-Deductible
The High Court has ruled that the Non Principal Private Residence (NPPR) charge is a deductible expense against rental income for Income Tax purposes. The NPPR was
New Revenue Guide to eTax Clearance System
Last December, the Revenue Commissioners unveiled their new eTax Clearance system. This new system enables (almost) all tax clearance applications to be processed online. For most of
Protect Yourself Against Tax Payment Fraud
I’ve only recently become aware of the Irish Tax Rebates service and know practically nothing about them, but they seem to be a highly reputable and professional
Job Losses to Follow Taxman Squeeze on Sheriffs
Revenue have today announced an important change to the way they use Sheriffs to collect outstanding taxes. Up to now, each Sheriff had a period
Tax on Rental Income – The Basics (updated for 2022)
Individuals with rental income pay Income Tax, PRSI & USC in Ireland. For any given year, you can roughly estimate your tax liability using the
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