Pandemic losses can have silver lining for sole traders too
It’s not just companies that can claim tax relief upfront due to the Covid-19 crisis, the self-employed can aid cashflow in this way too
When it comes to tax advice, the spotlight tends to linger on companies and how they can navigate the system to their best advantage. But what about the hard-working self-employed? Those among us carrying on a trade or profession either as sole traders or in partnerships can also benefit from legislative changes introduced in the wake of the global pandemic.
The self-employed can use certain losses to aid cashflow based on the Financial Provisions (Covid-19)...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
EML Payments sets aside €7m for Central Bank investigation into Prepaid Financial Services
Sum is a provision to cover costs and potential fines relating to anti-money laundering and counter-terrorism concerns at Irish subsidiary of Australian fintech
Financial sector executives could be suspended for 30 months while being investigated
The new rule increasing the maximum suspension from six months is part of legislation to introduce tougher penalties for individual executives in the sector
Analysis: Draft legislation brings individual accountability for financial sector misconduct a step closer
Executives could be fined up to €1 million and barred from working in the sector if they breach financial conduct rules under proposed new law
Ian Guider: Moneylending doesn’t need a revamp, it needs to be replaced
New laws around ‘high-cost credit’ will be useful, but even better would be creating ways to bring those who have no other options than moneylenders into mainstream finance