Category Archives: Tax Tips

10 Tax Saving Tips – Part 1

I have to start this blog by wishing Waterford the very best on Sunday afternoon. It would be an amazing achievement to get over the line. It’s exciting to see all the flags around and the buzz it’s creating. Best of luck to the panel and the background team from all at Comerford Foley. The

Salary or Dividends or both?

Last week we looked at two options when taking money from your company. This was either salary or dividends and we looked at the tax consequences of both options. If you want to get the basics from last week’s blog Read here When deciding to take salaries or dividends your circumstances may not be straightforward:

Non-Resident Landlords – Do you need help?

If you rent a property in Ireland but you’re a resident of any other country worldwide, you are what we call a non-resident landlord. If you’re getting rent from your property in Ireland, the money you’re making comes under Irish taxation law, and so you’re required to complete an Irish tax return to declare that

Non-resident Landlords – How to return my income?

Things on the political front are quite crazy across the water and the uncertainty isn’t good for anyone, so hopefully a workable solution for all will be the final outcome. Teresa May is one formidable lady and must be under severe pressure. On the sporting side of things the writer is extremely happy about the

You Ask, We Answer – “Don’t Do Your Own……!”

You Ask, We Answer – Don’t Do Your Own.. We were chatting in the office yesterday and we all agreed that it’s a “funny” time of year in that people tend to get a bit stressed out and act a bit abnormal around this time compared to other times in the year. I can’t put

PRSI on my rental profit as a non-resident landlord

We are continuing our series of posts about what you need to know when it comes to your taxes. These posts are based on real-world questions that we’ve been asked by clients. So, if you need help with anything specific, send us an email and let us know! This week’s focuses on a question we