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35 Wolfe Tone St Sligo info@mcdowellaccountants.ie 071 91 69647

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Month: March 2011

Minister for finances statement on banking matters

March 31, 2011
| No Comments
| Revenue Changes

Tuesday, 30th September, 2008 will go down in history as the blackest day in Ireland since the Civil War broke out. The 30th September 2008 was the day on which the then Government extended the infamous guarantee to the Irish banks and decided that Anglo Irish Bank should be supported and maintained. It quickly became…

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Posted in Revenue Changes

Bank of Ireland charges ‘unfair’

March 31, 2011
| No Comments
| Personal Finance

Bank of Ireland is introducing new charges for most current account holders today. To qualify for free banking, account holders will have to deposit €3,000 per quarter and make at least nine payments by phone or over the internet, or keep a minimum of €3,000 in their account. The Free Legal Advice Centres described the…

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Posted in Personal Finance

Pre-population of 2010 ROS Form 11

March 31, 2011
| No Comments
| Revenue Changes

A facility to pre-populate the 2010 Form 11 with data from the 2009 Form was included in a Revenue On-Line Service (ROS) release on the 25 March 2011. This facility is available for both the ROS on-line and ROS off-line applications. When opening a 2010 Form 11 in ROS On-Line, the user will be given…

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Posted in Revenue Changes

Tax exemption for New Start-up Companies

March 28, 2011
| No Comments
| Revenue Changes

1. Introduction Tax Briefing Issue 06/10, issued in June 2010, highlighted the availability of relief from corporation tax for new start-up companies under the provisions of section 486C of the Taxes Consolidation Act 1997. The article set out details of the scheme of relief which applies for the first 3 years of trading and indicates…

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Posted in Revenue Changes

ARTS GRANTS AND BURSARIES SCHEME 2011

March 24, 2011
| No Comments
| Funding

Closing Date: 1.00 pm Friday, 15 April, 2011 Sligo Arts Service calls for imaginative and innovative proposals under the following schemes: Arts Act Grants: For activities taking place July 2011 to July 2012 The Arts Grant Scheme supports activities by artists and groups to pursue projects that will enhance access to and participation in the…

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Posted in Funding

Stamp Duty on Transfers of Property by Housing Authorities / The Affordable Home Partnership

March 15, 2011
| No Comments
| Revenue Changes

Paragraph 3 of Schedule 1 to the Stamp Duty (E-stamping of Instruments) Regulations 2009 (S.I. No. 476 of 2009) lists instruments that do not have to be stamped using the e-stamping system.  They include instruments giving effect to the conveyance, transfer or lease of a house, building or land to or by a housing authority…

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Posted in Revenue Changes

Kenny rejects rate cut over corporation tax threat

March 14, 2011
| No Comments
| Blog

Ireland was offered a 1 per cent cut in the interest rate it pays the European bail-out fund but Taoiseach Enda Kenny turned it down because EU heads of government wanted changes in the Irish corporation tax in return. The offer was made early on Saturday morning at the EU summit in Brussels, following seven…

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Posted in Blog

Deposit Interest Retention Tax (DIRT) – Commencement Orders and New Pay & File Arrangements

March 11, 2011
| No Comments
| Revenue Changes

Deposit Interest Retention Tax (DIRT) – Commencement Orders and New Pay & File Arrangements On 8 March the Minister of Finance signed a Commencement Order bringing into operation the provisions of Section 37(1)(f), (g) and (h), Finance Act 2010 which relates to the return and collection of Deposit Interest Retention Tax deducted by relevant deposit…

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Posted in Revenue Changes

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  • About us
  • Annual Returns
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  • Farm Accounts
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  • Start-ups
  • Taxation
  • Pricelist
    • Limited Companies
    • Sole Traders
  • Contact Us
  • Services
  • VAT – a quick guide
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  • Sole Trader or Limited Company

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