Your Tax Return Expert
If you work from home You may be able to claim a proportion of your costs for things like: heating electricity mortgage interest or rent internet and telephone use You’ll need to find a reasonable method of dividing your costs, eg by the number of rooms you use for business or the amount of time
An employee may claim for an expenses deduction (and any wear and tear allowance in respect of the motor vehicle). However, where the employee decides to make such a claim, any re-imbursement of expenses by the employer, including any scale allowances, must be treated as pay and taxed accordingly. Employees cannot claim from Revenue for
Have you any undisclosed rental income from airbnb ? If so, the Revenue Commissioners have now obtained details to whom they have made payments to for rent of homes etc. The best course of action is to make a unprompted voluntary disclosure to Revenue Commissioners as soon as possible. The benefits of an unprompted voluntary disclosure
Oliver Niland & Co – Chartered Accountant
Unit 8, Royal Rock Park,
Ballybane Industrial Estate,
Galway.
Telephone: (091) 763817
Mobile: (087) 984 6979
Email: oliver@taxreturnhelp.ie
(Right across from Thomas McDonagh’s hardware store and directly behind the Royal Rock Café )