Posts Tagged ‘Revenue’
7 tips for a hassle free Revenue Audit
Prevent the problems occurring right from the start and avoid the costs associated with having to fix them when Revenue come knocking on your door! There’s been a few articles written lately about how to handle the problems a revenue audit can present which is all well and good however the thing that most articles miss is…
Read MoreHigher tax relief for landlords in rental market
Significant tax reliefs for landlords and longer leases for tenants are part of a radical new Government policy document (http://www.per.gov.ie/wp-content/uploads/Social-Housing-Supports-Cross-Cutting-Paper-CRE.pdf) to give the rental market its biggest overhaul in a generation. • An estimated one-in-five households (305,000) are now renting. • An end to the practice of ejecting tenants when a property is being sold.…
Read MoreServices Contractors Project – Nationwide.
Recently, Revenue ran a project (Services Contractors Project) which involves the reviewing expenses claimed (travel, subsistence and similar expenses) by companies set up by individuals as a vehicle to provide contracting services are being targeted in the South West of the Country. They are now extending this project nationwide. It is reported that Revenue are…
Read MoreRevenue Enquiry into Deposit accounts
Revenue has started a national enquiry into deposit accounts where interest paid in 2011 exceeds €635. Focus is on money undeclared for tax. Patrick O Rourke,Partner OKellySutton, Chartered Accountants, Tax Consultants & Business Advisors.
Read MoreRevenue Pension Review
Revenue is currently comparing the pension information received from DSP with the return of income Form11 for individuals who received a DSP pension payment in 2010 and prior, with a view to identifying those
Read MoreInternet selling…. BEWARE
Selling on the internet, may not be as straight forward as you might think…..The Irish revenue are reviewing what the Revenue and Customs have done in the United Kingdom recently.
Read MoreTop Ten Tips when dealing with Revenue.
Article by Patrick Sutton, Partner, O’KellySutton, The Sunday Business Post, 2nd Sept, 2012. Taxpayer’s compliance record: A compliant taxpayer is significantly less likely to be selected for Revenue audit. Revenue can also assist in obtaining a phased payment plan in the future, should you ever find yourself unable to pay your tax liabilities on time.…
Read MoreTop Ten Tips for SEMs When Dealing with Revenue
Article by Patrick Sutton, Partner, O’KellySutton, The Sunday Business Post, 2nd Sept, 2012. Taxpayer’s compliance record: A compliant taxpayer is significantly less likely to be selected for Revenue audit. Revenue can also assist in obtaining a phased payment plan in the future, should you ever find yourself unable to pay your tax liabilities on time.
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