Author Archives: Colin Comerford

RCT for a New Company

Crane for construction

The case I’ll talk about this week is RCT for a new company. RCT stands for relevant contracts tax. The tax applies to the construction, forestry, and meat processing industries. The government introduced RCT because of poor tax compliance in these industries. It’s an interesting and relevant area for clients and practitioners. I’ll talk about

Company and Personal Taxes

hand in hand

It’s the time of year when I see a lot of company and personal taxes interlink. This interaction can have both positive and negative results for the client. Sorting out a company tax issue can lead to a tax liability for the owner. It’s not all negative, though, as you’ll see how a bonus in

Entrepreneur Relief & Retirement Relief

Very happy older man

Some changes came in at the start of this year for Entrepreneur Relief. The changes to Retirement relief came in at the start of 2025. These reliefs are separate Capital Gains Tax reliefs that can save you lots of tax if you qualify. I’ll look at the basics of both and outline the recent changes.

Share Valuations for Companies

Man doing a calculation

In this Share Valuations for Companies blog, the main message is that having a valuation is vital. This area is very interesting to me. A recent Certificate in Capital Taxes only piqued that interest further. Audrey from KPMG gave an excellent presentation called Exit from a Business by way of Transfer to the Next Generation.

Property Sale and no CGT

WOMAN IN SHOCK

I am going to talk about a property sale, and no Capital Gains Tax [CGT] was paid. This was a case that came before the Tax Appeals Commission. It’s a very interesting case for people who are interested in the basics of CGT. I’m not saying that there was no CGT liability. This is what

Don’t stop thinking about tomorrow

cashflow quadrant and business journey

Don’t stop thinking about tomorrow is a line from the Fleetwood Mac song Don’t Stop. This was playing when I was on the cross trainer yesterday morning and planted the seed for this week’s blog. To bring the lyric into the business world, it’s about thinking of the future of our businesses. Where are you

Revenue Focus Areas for 2026

Man with binoculars

Revenue focus areas for 2026 came from a meeting between Revenue and the Irish Tax Institute [ITI]. This meeting took place in late January. It’s an annual meeting between the Personal Division of Revenue and the ITI. The personal division covers all PAYE taxpayers, non-trading entities, trusts, and non-profit organisations. Key focus areas include Local

Corporation Tax Tips for 2026

Corporation Tax tips for 2026

This corporation tax tips for 2026 blog is for owner-directors of a company. It’s to make you aware of some of the tips and traps to avoid. All with the idea of saving tax and keeping on the right side of Revenue. These things are important, and it’s good to know about them to discuss

VAT Tips

Girl cyring

This week, I’ll give you some VAT tips. I was thinking about how I’ll make VAT sound exciting. And what about a song that would jazz up the blog a bit? I found a song, but the exciting bit is a stretch. And you’ll have to be a certain vintage to know the song! Yet

Tax Refunds for Non-Residents

Happy woman with lots of €10 notes

A tax refund for a non-resident is one of the first cases before the Tax Appeals Commission this year. It’s a short case at 10 pages. When the page numbers are low, it’s usually not a good outcome for the taxpayer. Then you read the first page, and you know there’s only one result here.