Tag Archives: Tax Advice

Warehousing of Tax Debt – Deadline approaching fast

“The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin”.  Mark Twain Last week we spoke about things you need to know when setting up a company. In case you missed it read here We are now into the thick of Tax return filing season. Corporation Tax [CT]

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:

Salary or Dividends from my company?

This is a question that we are often asked. This week we will return to our “You ask We answer” series of blogs. Last week we looked at how Comerford Foley could help you set-up a company. We also explored how using our services could help you. To find out more Read here This is

Are there tax advantages to be being married….?

Are there tax advantages to be being married

Are there tax advantages to be being married….? I probably could have finished that sentence with the words “apart from all the other advantages” Welcome back to the “You ask we answer” series of blogs that we do which are based on the questions that our clients ask us. I thought this might be a

What value do we bring to you when we do your tax return?

I had a call with Noel, a potential client, on Wednesday, who I met at a Google seminar in the Theatre Royal. He is a Kilkenny man like me and interested in hurling too so we have a good discussion on the injustice of the Richie Hogan red card! He has a number of rental

Finance leases – some interesting tax implications

We are back to the normality of the working week after such an exciting weekend of sport and music with the Munster and Leinster hurling finals and Glastonbury to calm us all down afterwards. The Cats & Tipp would have started as favourites with Kilkenny on quite familiar territory in Croke Park and Tipp given

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

“What VAT can I claim back to reduce my Vat bill?”

“What VAT can I claim back to reduce my Vat bill?” Welcome back to our ‘You Ask, We Answer’ series! One of the most popular questions we have been asked is, what VAT can be claimed back to reduce my vat bill. Legitimately, of course. Do you charge VAT on the sale of goods or