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Is the household charge deductible for landlords calculating their rental income? 26 Jul 2013 | 04:14 pm
No. Revenue have indicated that the household charge is not an allowable expense for Case V rental income
test 24 Jul 2013 | 07:29 pm
There are 98 days and 14 hours left until the pay and file deadline
Xero – There was a problem importing the file 23 Jul 2013 | 02:25 pm
Unfortunately in Ireland we don’t have many banks supporting feeds into Xero so must import the files manually as CSV. If you are importing a bank statement into Xero as a CSV file and get the error ...
6 ways online accounting saves you money 22 Jul 2013 | 06:43 pm
We have been providing online accounting services for a few years now and we love it. Over that period our clients have been delighted to notice that as well as getting real time access to their finan...
Revenue announce phase 2 of Mandatory iXBRL filing 26 Jun 2013 | 03:48 pm
Yesterday the 25th of June 2013 Revenue announced that Corporation Tax returns submitted after 1/10/2014 in respect of accounting periods ending on or after 31/12/2013 for companies over the audit th...
Xero Accounts – Bank Reconciliation button disappeared 16 Jun 2013 | 01:11 pm
If your using Xero and you notice that the bank reconciliation button has disappeared this simply means that all transactions have been reconciled. If you feel the need to double check this you can cl...
Invoice numbers on Wave accounts 14 Jun 2013 | 01:39 pm
If you migrate an existing business to Wave accounts, or are starting to use wave accounts for your new business. You may need to start your invoices numbers with something other than the default 1. T...
Late filing penalty on income tax returns and the local property tax 28 May 2013 | 02:13 pm
There’s a small section in the local property tax legislation which is very relevant to the self employed. For example a single person with self employed income of €50,000 would pay approximately €16,...
How does the seed capital scheme work 30 Apr 2013 | 01:24 am
The seed capital scheme allows a refund of tax already paid for an investor who sets up and takes up employment in a new qualifying business. For example: Nicola earned €400,000 over 2011 / 2012 in PA...
Professional Service Company Surcharge 29 Apr 2013 | 07:54 pm
Section 441 TCA 1997 provides for a surcharge on undistributed income of certain service companies. The section defines a service company as including close companies where the principal part of the c...
