Thursday, September 6, 2012
Almost everybody who isn’t a politician agrees that politicians lie. Actual politicians don’t see it that way, the see it as being forced to accept a series of working realities which unveils the way the system ‘actually works’ versus how we would ‘like it to work’. The truth is that in effect they do lie when you compare election promises to results, but they don’t do it with total intent.
But sometimes they do, and we are seeing that with our proposed property tax which is a clear demonstration of lap-dog leaders who want nothing more than to be ‘box tickers’ for the troika. You see, we are being told that ‘no decision has been made’, but that is contrary to the facts surrounding the debate once you do some digging.
Tuesday, November 15, 2011
The normal cut off date for tax returns is the 31st of October unless you do the return electronically via Revenue Online Service (ROS) in which case it is today. However (and we never found out why) Revenue have recently determined that the 16th of November will instead be the final date. This means that anybody who has non-PAYE income to declare for 2010 still has a little time left to make the return on time.
If you don’t you’ll face a 5% surcharge on the tax bill up to December after which the surcharge rises to 10%. If you get the surcharge it means your rate of tax effectively rises by 10% (not absolute, but relative ie: 20% goes to 22%, 41% goes to 45%)
Filed in ACCA, Accountancy, Accountant, Income Tax, Taxation
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Also tagged accountant dublin, do a tax return, financial audit, pay less tax, paying taxes, revenue online service, ros, tax audit, tax deadline, tax return 2010, tax return 2011, tax return deadline
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The headline this week is from the famous quote that ‘the only sure things in life are death and taxes’. We have looked at death in the past from the perspective of Life Assurance, this week it’s about taxes – and more importantly, what to do if you can’t pay them or if you are not sure about your taxes. The good news is that the Revenue Commissioners in Ireland are a fairly effective bunch and the people there are well briefed and effective (this is no surprise as their duty is to make sure everybody pays up!). Revenue are well aware of the state of the economy, and that business
Filed in Accountancy, Advisors.ie In the Press, Deposit Interest Retention Tax, Financial Advice, Income Tax, News of the World, Taxation
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Also tagged 2003 taxes consolidation act, deposit interest retention tax, DIRT, paye tax returns, revenue commissioners, tax deadline, tax questions, tax returns, taxation issues
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Sunday, February 20, 2011
We were delighted to get mentioned in the Sunday Independent, a paper that has over 1,000,000 readers. The piece was by Daniel McConnell and was titled ‘Personal debt crisis will be country’s next body blow’.
Filed in Accountancy, Advisors.ie In the Press, Banking, Economics, Financial Advice, Mortgages
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Also tagged accountancy, banking, ebs, fixed rates, mortgages, personal accountants, ptsb, sunday independent
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Friday, February 11, 2011
P35 Deadline coming on the 15th of February 2011. A P35 is a return which must be submitted by all employers who employ staff on the PAYE system. It covers the period from 1 January to 31 December 2010
Filed in Accountancy, Accountant
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Also tagged acca dublin, accountants dublin, business consultants, business planning, cashflow consultants, dublin accountancy, employer tax payment, how do you figure out prsi, p35, p35 deadline, prsi, prsi queries, what is a p35
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This week we covered the changes to income tax that were brought about by the upcoming Finance Act 2011, primarily the people affected are in the lower end of the earnings spectrum – we have a table to show the changes that it makes. The good news is that we also gave News of the World readers a way to strike back: Tax returns! 70% of workers are actually due tax back at the end of the year and yet only 5% of them make a tax return to claim back that money. Information and instructions are in the article.
Capital Gains Tax: deadline for payment is 31st December, a post by advisors.ie accountants and financial planners in Dublin, Ireland
