Your Tax Return Expert
What is a close company surcharge ? A close company is an Irish resident company that is controlled by five or fewer participators. This applies to majority of small companies in Ireland A participator is somebody who has a share or interest in the capital or income of a company and includes a person who
Cycle to work scheme – tax relief ? This scheme aims to encourage you to cycle to and from work. Under the scheme your employer can buy a bicycle and safety equipment for you. This benefit will not be taxable. There are three limits, depending on the type of bicycle purchased. €3,000 on cargo and ecargo bikes €1.500 on pedelecs and
Tax Relief on settng up a new company ? If you have started a new company, you may be able to apply for tax relief for start-up companies. This tax relief, also known as Section 486C tax relief, is a reduction of your Corporation Tax (CT) for the first five years you trade. The relief can be