Tax The ins and outs of vacant homes taxIf you have a residential dwelling that is inhabited for less than 30 days a year, you may be liable for the tax, but there are some exemptions
Tax EU Faster directive recognises the need for speed and simplicityIf implemented, the EU Directive on Faster and Safer Relief of Excess Withholding Taxes will make life much easier for investors, financial intermediaries and national tax authorities
Tax Changes to enterprise supports should focus on putting money into business Any changes to the Key Employee Engagement Programme and the Employment and Investment Incentive Scheme should be simplifying in nature
Tax We are in a unique position now to plan saving for the future Increasing the tax limits for each age category, or having a single maximum limit for all, would serve to promote savings
Tax New country-by-country public tax reporting adds to corporate obligationsNon-European companies must now comply with the same reporting obligations as bloc’s own enterprises
Tax Tom Maguire: Expression of Doubt can surely help with your tax uncertainty Our tax rules can be complicated, but if you are genuinely unsure about your liability, there is a legitimate way to let Revenue know
Tax Tom Maguire: Budget 2024 is an opportunity to make the income tax system less unattractiveIreland’s high personal tax rate can act as a disincentive to businesses locating here, to employees taking on additional work, and to foreign-based talent relocating to Ireland
Tax Budget 2024 is a chance to cut red tape for corporations Recent mandatory European regulations overlap many existing rules in Irish tax law, creating an unnecessary headache for multinationals with operations here
Tax Tom Maguire: R&D tax credit is the perfect lure to draw innovators to IrelandR&D will always happen, that’s human nature. What is important is where it happens, and raising the threshold is an ideal incentive to keep talent here
Tax Tom Maguire: Tax defaulters’ list may be axed but Revenue has other toolsEven if the recent ruling by the European Court of Human Rights results in curtailing the publication of the ‘name and shame list’, financial penalties will still sting anyone caught evading their obligations
Tax Tom Maguire: Income tax should work for taxpayers, not the other way aroundMaking the personal tax regime more appealing needs to be a key policy move for retaining and attracting foreign direct investment and key talent
Tax Enterprising solutions: taking a fresh look at our business tax measuresA temporary reduction in CGT, redefining and extending CGT Entrepreneurial Relief and ensuring loss relief on EIIS investments would help to safeguard a competitive entrepreneurial and angel investment landscape
Tax Keeping up to speed with range of changes to company car taxThe move to a CO2-based benefit-in-kind system level to determine company car tax incentivises the use of electric vehicles and lower emission cars while temporary tax reliefs are available for higher-emitting vehicles
Tax EIIS and KEEP must be made more effective and accessibleScale Ireland’s State of Start-ups Survey 2023 made it clear that the two schemes are vital but need to be reassessed
Tax Cooperative Compliance Framework opens up useful communication channelsCCF is voluntary, but there are benefits to both businesses and Revenue where a corporate group signs up
Partner Content Tom Maguire: New challenges for firms faced with increasingly complex tax auditsWhen managing tax obligations, it’s important that businesses understand the changes under Revenue’s updated code of compliance
Tax Time is of the essence in applying for business energy subsidiesThere is a monthly cap on the Temporary Business Energy Support Scheme that provides for a cash payment to qualifying businesses, and time limits for claiming support
Tax Tom Maguire: Why it’s important to KEEP going on employee share optionsAmendments to the Key Employee Engagement Programme qualification conditions and extension of the scheme to 2025 are positive moves, but there’s still room for improvement
Focus On Tom Maguire: Finance Bill’s changes to R&D could go further for start-upsBoosting the tax credit for SMEs to 30 per cent was mooted in an earlier bill, but to do so, some EU legal hurdles would first have to be overcome
Tax Budget tax changes: devil will be in the details of Finance BillIf a reduction in the overall capital gains rate is not possible then consideration should be given to a reduction in the rate applicable for gains arising on the disposal of investments in SMEs
