Archive for September, 2011
Take Charge of the Universal Social Charge
The Universal Social Charge or USC came into being in January of this year and received as cool a reception from employers and employees as the ice that gripped the country during that time. A tax that replaced both the income and the health levy,...
Read the full articleAverage Irish Medical Expense Refund Over €250!
Medical costs are one of the most likely expenses which can be utilised by people in order to claim a tax refund in Ireland. Previous to 2009 you were entitled to claim tax relief in respect of these costs at the highest rate of tax...
Read the full articleExperience is the name we give to our mistakes
As you may recall, last December, the taxman announced that he intended to review 50,000 SMEs annually over the next 4 years with the hope of recovering underpaid tax and the loftier ideal of installing a more prudent approach to record keeping amongst the nations’ smaller business enterprises. The initial briefing...
Read the full articleDon’t drag your heels over your tax affairs
“ I was thrown out of college for cheating on the metaphysics exam; I looked into the soul of the boy sitting next to me.” – Woody Allen Cheat HMRC? Consider this: £3,558: The amount of tax evaded. £707,200: The penalty First things first; yes those...
Read the full article