PROFESSIONAL CONTRACTORS TAX ISSUES – AN UPDATE

Introduction A few months ago we looked at the general issues arising in situations where a professional contractor is engaged by a third party to provide services but is obliged from a commercial perspective to firstly form a company which then seconds that contractors services to the third party client. From a tax perspective the …

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REVENUE GUIDELINES FOR INSOLVENCY PRACTITIONERS

The Personal Insolvency Act 2012 introduces fundamental reforms to Irelands insolvency and bankruptcy laws as it introduces three different types of debt resolution process including a Debt Relief Notice (DRN) Debt Settlement arrangement ( DSA) and Personal Insolvency Arrangement (PIA). This is a brief note to highlight the how Revenue will expect Practitioners in this …

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Budget 2014 – Other changes

OTHER CHANGES   RETIREMENT RELIEF It is proposed that this very valuable relief will be extended to farmers who dispose of leased land once certain conditions are met, including one specifying that the lease term is for at least 5 years and the sale is not to a child of the farmer.   There were …

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Budget 2014 From Kilcoyne Accountants Dublin

BUDGET 2014 – THE MAIN MEASURES INTRODUCTION With Irelands’ three year EU/IMF programme shortly coming to an end, there will have been considerable international attention on Budget 2014, introduced to the Dail on 15th October. In line with expectations, the measures introduced are intended to bring in a deficit of 4.8% in 2014, with circa …

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