Archive for October, 2012

10 EU states adopt financial transaction tax

The  European Commission has backed plans from 10 countries to introduce a  financial transactions tax (FTT). The new tax aims to address the debt crisis by raising funds. The tax will work by imposing a small charge on transactions of currencies, bonds and shares traded...

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Taxback.com CEO speaks at CEO Forum 2012

Taxback.com CEO Fidelma McGuirk was one of the speakers at the CEO Forum 2012 today. The event, which was jointly organised by Deloitte and Enterprise Ireland, provided an opportunity for Chief Executives to discuss the major issues facing their companies and Irish business. Under the...

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McClaren allowed to claim corporation tax back on spy fine

British Formula 1 team, McLaren has successfully won the right to claim back a corporation tax deduction on a £32 million spy fine. Back in 2007 the team was fined for possessing a dossier of Ferrari data and spying its competitor. In a recent appeal...

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Apply for your 2008 Irish tax refund before it’s too late!

If there’s one thing we dislike at taxback.com, it’s people not getting back what they’re owed! The deadline for claiming your 2008 tax refund is December 31st which means that after this date, any money you’re owed from 2008 will be lost forever. To prevent...

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Recent changes to Netherlands Tax Law

The Netherlands has recently issued some changes to its tax law that will affect employers and employees. The changes, which will come into effect in 2013, mean that employers will need to pay a one-off 16% levy on the so called “top” salaries (those which...

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Taxing times for UK students

We read with much interest, that from 6 April 2013, HMRC is going to withdraw form P38(S), which can be used for student employees. Under current rules, if you employ a student solely during their summer, winter or Easter holidays, you may be able to...

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PPI – What is it?

There has been a lot of attention recently in the national media about the issue of PPI. In this piece we hope to answer some of the most common questions that are now being asked – What is PPI? How does it work? What is...

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