Tax relief on Medical Expenses Most of us normal folks incur medical expenses from time to time on prescriptions, doctors, consultants and various other costs for dentists and opticians. Therefore I thought it would be useful to give a small bit of insight into what you can claim for and what is not allowed. It
Earned Income Tax Credit – You’ve earned it! The summer is upon us, Chelsea are champions and the hurling season is in full swing with a cracker of a game that had some of the best scores you are every likely to see and from a Kilkenny man’s point of view it was nice to
Let the taxpayer beware! – Offshore Assets Disclosure Friday week the 28th April is effectively the last day to have a submission with Revenue on the current Offshore Assets Disclosure. Per Revenue the deadline date is the 30th but as that is a Sunday the Friday before is the last working day. You may remember
Tax tips for over 65’s – The sequel! Let me start by saying what people always say in these situations “the sequel is never as good as the original” or “it’s not a patch on the book”. The book is in there somewhere and if it ever appears I will of course be onto you
Tax tips for over 65’s – Part 2! Over the weekend I brought my kids into the cinema to see an animated film called “Sing”. This is usually an opportunity for me to catch up on lost sleep but this film got me hooked from the very beginning and I have to confess to loving
Tax tips for over 65’s – Part 1 At different times during the year I will have some banter with my brother over the EU grant he will get to pay his tax bill and pension or the special tax advantages for farmers that the rest of us mere mortals are denied! Thankfully the tax
Year End Tax Tips – Part 2! 1.Home Renovation Incentive – [HRI] This incentive applies equally to qualifying works done on your own home or a buy to let property before 31 December 2018. . Basically it is possible to claim back the vat element of certain renovation works up to a maximum spend of
Thankfully the Income Tax return deadline has now passed and as all our hard earned cash is winging it’s way to Minister Noonan we think it’s a good time to mull over some tax planning opportunities and some tax saving tips before the end of 2016 so we can be a little more financially savvy
Tax return filing season – A few basic tips! In just less than one month the last day for filing your tax return form will be upon us. That is the 10th November so we just wanted to highlight a few important issues that may help a small bit to reduce the burden or to
Rental Income – Tax Facts If you have a rental property you may wonder how to calculate the profit (please God you have one) or loss on the property. The first thing to be aware of are that rentals are calculated on a receivable basis so you look at what you get for each month
