Archive for September, 2012

Government Zooms in on Film Relief

The Section 481 tax relief, more commonly known as “film relief“, is one of Ireland’s longest running sector-specific tax reliefs and has been in place under various formats since 1984. Created to help promote Ireland as a location for film production, the relief enables production...

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Mitt Romney’s remarks in an Irish context

Now that we’ve looked at the UK side, we have taken a look at Irish statistics for comparison purposes. As our previous blog piece states, massaging of statistics can indeed bring interesting results. Ireland saw an increase of 7.3% in net tax and duty receipts...

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UK tax system and the Mitt Romney scandal

Much has been made of Republican presidential candidate Mitt Romney’s casual writing off of 47% of the American population as parasites who pay no income tax. Mitt Romney’s gaffe has got taxback.com thinking this morning about the state of affairs in the UK, so we...

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UK Child Benefit Changes – what you need to know

After several queries from confused parents, we explain what the child benefit overhaul may mean for you. From 7 January 2013 the planned ‘cut’ in child benefit takes effect. The Finance Act 2012 introduced an income tax charge on a taxpayer who is entitled to...

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More Super Delays for Kiwis

Thousand of New Zealanders with retirement savings in Australian superannuation funds are still waiting to be able to bring their money back home. As we covered in a blog piece back in 2009, Australia and New Zealand signed an agreement (the Trans-Tasman portability of retirement...

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Can you claim tax relief on management fees?

Homeowners from the Celtic tiger era know the harsh reality of paying the dreaded management fee each year.  It’s become a bitter pill to swallow, with many feeling that they don’t get much in return – except empty wallets! So is there any respite? Well,...

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Time running out to avoid HMRC fines

If you are a self-assessed taxpayer in the UK you may have received a tax return warning by HMRC already but if not, there may be one winging its way to you. HMRC is targeting people who failed to file a tax return for 2009-10...

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