Comments for McDowell Accountants Tel 071 91 63400 http://www.mcdowellaccountants.ie Tax Refund - Tax Advice - PAYE - Farm Accounts - ROS - Tax Back - - Sole Traders - Sligo - Leitrim - Dublin Thu, 02 Sep 2010 14:32:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 Comment on Sole Trader by Jason http://www.mcdowellaccountants.ie/pricelist/price-list/comment-page-1/#comment-2368 Jason Thu, 02 Sep 2010 14:32:00 +0000 http://www.mcdowellaccountants.ie/#comment-2368 jason jason

]]> Comment on Idiots guide to NAMA by Orla Sweeney http://www.mcdowellaccountants.ie/idiots-guide-to-nama/comment-page-1/#comment-2277 Orla Sweeney Wed, 28 Apr 2010 15:51:28 +0000 http://www.mcdowellaccountants.ie/?p=931#comment-2277 Great article. Concise, informative and well structured. Great article. Concise, informative and well structured.

]]> Comment on Idiots guide to NAMA by Jason http://www.mcdowellaccountants.ie/idiots-guide-to-nama/comment-page-1/#comment-2224 Jason Thu, 01 Apr 2010 16:24:58 +0000 http://www.mcdowellaccountants.ie/?p=931#comment-2224 Thanks Brett Thanks Brett

]]> Comment on Idiots guide to NAMA by Brett http://www.mcdowellaccountants.ie/idiots-guide-to-nama/comment-page-1/#comment-2223 Brett Thu, 01 Apr 2010 11:42:12 +0000 http://www.mcdowellaccountants.ie/?p=931#comment-2223 Very informative. I'm sure there are a lot of people that could learn as much from this as I did Very informative. I’m sure there are a lot of people that could learn as much from this as I did

]]> Comment on Start your own business guide by Tom Hayes http://www.mcdowellaccountants.ie/start-your-own-business-guide/comment-page-1/#comment-2204 Tom Hayes Mon, 08 Mar 2010 21:11:09 +0000 http://www.mcdowellaccountants.ie/?p=880#comment-2204 The GGS is now following you on Twitter The GGS is now following you on Twitter

]]> Comment on Ten ways to reduce your spending this year by Jason http://www.mcdowellaccountants.ie/ten-ways-to-reduce-your-spending-this-year/comment-page-1/#comment-2164 Jason Tue, 05 Jan 2010 23:33:58 +0000 http://www.mcdowellaccountants.ie/?p=717#comment-2164 No bother thanks for the feedback.. No bother thanks for the feedback..

]]> Comment on Ten ways to reduce your spending this year by Leon http://www.mcdowellaccountants.ie/ten-ways-to-reduce-your-spending-this-year/comment-page-1/#comment-2163 Leon Tue, 05 Jan 2010 23:30:18 +0000 http://www.mcdowellaccountants.ie/?p=717#comment-2163 Gotcha, kinda obvious now that you say it! Gotcha, kinda obvious now that you say it!

]]> Comment on Ten ways to reduce your spending this year by Jason http://www.mcdowellaccountants.ie/ten-ways-to-reduce-your-spending-this-year/comment-page-1/#comment-2162 Jason Tue, 05 Jan 2010 23:22:18 +0000 http://www.mcdowellaccountants.ie/?p=717#comment-2162 Well a golden rule in business is to only spend money on something that will add value to your business. There is no point spending ?100 on something you may not need simply to avoid tax of ?25. You are basically wasting ?75.... So just spend it on what is essential or what brings in a return ! Well a golden rule in business is to only spend money on something that will add value to your business.
There is no point spending ?100 on something you may not need simply to avoid tax of ?25.
You are basically wasting ?75….

So just spend it on what is essential or what brings in a return !

]]> Comment on Ten ways to reduce your spending this year by Leon http://www.mcdowellaccountants.ie/ten-ways-to-reduce-your-spending-this-year/comment-page-1/#comment-2159 Leon Tue, 05 Jan 2010 19:40:33 +0000 http://www.mcdowellaccountants.ie/?p=717#comment-2159 Thanks for this great list. A weird and possibly stoopid question that's been going around my head for a while! Should businesses be too concerned with saving money as whatever they spend on the business is tax deductible anyway? Thanks for this great list.

A weird and possibly stoopid question that’s been going around my head for a while!

Should businesses be too concerned with saving money as whatever they spend on the business is tax deductible anyway?

]]> Comment on Self Employed – 10 ways to Save Tax by Jason http://www.mcdowellaccountants.ie/self-employed-10-ways-to-save-tax/comment-page-1/#comment-2133 Jason Tue, 20 Oct 2009 11:28:39 +0000 http://www.mcdowellaccountants.ie/?p=620#comment-2133 Thanks for the feedback Ken ..(even if it is from a fellow Sligo man !) Thanks for the feedback Ken ..(even if it is from a fellow Sligo man !)

]]> Comment on Self Employed – 10 ways to Save Tax by Ken http://www.mcdowellaccountants.ie/self-employed-10-ways-to-save-tax/comment-page-1/#comment-2132 Ken Tue, 20 Oct 2009 11:25:49 +0000 http://www.mcdowellaccountants.ie/?p=620#comment-2132 I love to see some useful, simple and practical tips on saving money, esp in the current climate. Well done! I love to see some useful, simple and practical tips on saving money, esp in the current climate. Well done!

]]> Comment on E Working Tip for the Self Employed by Jason http://www.mcdowellaccountants.ie/e-working-tip-for-the-self-employed/comment-page-1/#comment-2131 Jason Tue, 20 Oct 2009 10:12:54 +0000 http://mcdowellandco.com/?p=71#comment-2131 Vince Yes the link not working But if you go on the revenue we site do a search for IT69 See this link http://www.revenue.ie/en/tax/it/leaflets/it69.pdf Vince
Yes the link not working
But if you go on the revenue we site do a search for IT69

See this link
http://www.revenue.ie/en/tax/it/leaflets/it69.pdf

]]> Comment on Self Employed – 10 ways to Save Tax by Jason http://www.mcdowellaccountants.ie/self-employed-10-ways-to-save-tax/comment-page-1/#comment-2130 Jason Tue, 20 Oct 2009 10:10:24 +0000 http://www.mcdowellaccountants.ie/?p=620#comment-2130 Desmond Thanks for the query With the self assessment system for the self employed it's up to you to declare the figures in your return. The only time receipts would be requested is when requested by revenue in an audit or through a query. However, some accountants may ask to see receipts to validate the return. With church donations, the local priest can supply a receipt based on and direct donations you have made. Hope this helps. Desmond
Thanks for the query
With the self assessment system for the self employed it’s up to you to declare the figures in your return.
The only time receipts would be requested is when requested by revenue in an audit or through a query.
However, some accountants may ask to see receipts to validate the return.

With church donations, the local priest can supply a receipt based on and direct donations you have made.

Hope this helps.

]]> Comment on Self Employed – 10 ways to Save Tax by Desmond Howett http://www.mcdowellaccountants.ie/self-employed-10-ways-to-save-tax/comment-page-1/#comment-2128 Desmond Howett Mon, 19 Oct 2009 17:10:42 +0000 http://www.mcdowellaccountants.ie/?p=620#comment-2128 Thanks Jason, do you need receipts for the donations? (e.g. Xmas Church Dues etc)? Thanks Jason, do you need receipts for the donations? (e.g. Xmas Church Dues etc)?

]]> Comment on Self Employed – 10 ways to Save Tax by Collette Hamilton http://www.mcdowellaccountants.ie/self-employed-10-ways-to-save-tax/comment-page-1/#comment-2127 Collette Hamilton Mon, 19 Oct 2009 11:25:00 +0000 http://www.mcdowellaccountants.ie/?p=620#comment-2127 Nice one ....thanks for all those useful tips. Nice one ….thanks for all those useful tips.

]]> Comment on E Working Tip for the Self Employed by Vince http://www.mcdowellaccountants.ie/e-working-tip-for-the-self-employed/comment-page-1/#comment-2125 Vince Sat, 17 Oct 2009 09:27:26 +0000 http://mcdowellandco.com/?p=71#comment-2125 Is this law still in-affect? the link goes to a page not found Is this law still in-affect? the link goes to a page not found

]]> Comment on E Working Tip for the Self Employed by Jason http://www.mcdowellaccountants.ie/e-working-tip-for-the-self-employed/comment-page-1/#comment-2094 Jason Tue, 02 Jun 2009 10:19:52 +0000 http://mcdowellandco.com/?p=71#comment-2094 Yes - and it does not have to be a direct relative - you could be using anyone to do this kind of 'work'. Yes – and it does not have to be a direct relative – you could be using anyone to do this kind of ‘work’.

]]> Comment on E Working Tip for the Self Employed by Leon http://www.mcdowellaccountants.ie/e-working-tip-for-the-self-employed/comment-page-1/#comment-2093 Leon Tue, 02 Jun 2009 10:03:04 +0000 http://mcdowellandco.com/?p=71#comment-2093 Would this be an additional saving to what I currently pay my partner as we discussed? Would this be an additional saving to what I currently pay my partner as we discussed?

]]> Comment on Sick Pay – its tax free by Jason http://www.mcdowellaccountants.ie/sick-pay-its-tax-free/comment-page-1/#comment-2088 Jason Tue, 26 May 2009 10:54:06 +0000 http://mcdowellandco.com/?p=83#comment-2088 Yes Dolores it is only the SW benefit element which is tax free. Thanks Jason Yes Dolores it is only the SW benefit element which is tax free.

Thanks
Jason

]]> Comment on Seed Corn Business Competition by Jason http://www.mcdowellaccountants.ie/seed-corn-business-competition/comment-page-1/#comment-2085 Jason Tue, 19 May 2009 14:41:45 +0000 http://www.mcdowellaccountants.ie/?p=390#comment-2085 Getting money out of the banks seems increasingly difficult so this might be one way of getting your business off the ground... Getting money out of the banks seems increasingly difficult so this might be one way of getting your business off the ground…

]]> Comment on INHERITANCE ISSUES by Hosting http://www.mcdowellaccountants.ie/inheritance-issues/comment-page-1/#comment-2008 Hosting Sun, 15 Feb 2009 07:32:49 +0000 http://mcdowellandco.com/?p=75#comment-2008 Great article, adding it to my favourites! Great article, adding it to my favourites!

]]> Comment on Sick Pay – its tax free by Dolores O'Flynn http://www.mcdowellaccountants.ie/sick-pay-its-tax-free/comment-page-1/#comment-2051 Dolores O'Flynn Fri, 13 Feb 2009 00:05:19 +0000 http://mcdowellandco.com/?p=83#comment-2051 In the above query re sick pay is the employee's full pay of €3000 for the first six weeks of illness ALL tax fee? I think it is only the SW Benefit part of the pay which is tax free. I await clarification. Thank you. DOF In the above query re sick pay is the employee’s full pay of €3000 for the first six weeks of illness ALL tax fee? I think it is only the SW Benefit part of the pay which is tax free. I await clarification. Thank you. DOF

]]> Comment on VRT CHANGES by admin http://www.mcdowellaccountants.ie/vrt-changes/comment-page-1/#comment-66 admin Thu, 21 Aug 2008 14:13:53 +0000 http://mcdowellandco.com/?p=21#comment-66 No Bernie this will not change. There effectively will be 2 road tax rates - one for the new cars bought after July and one for all others. People will still need to buy 2007 cars but the market I guess will dictate what you get for it. Check out one of the web sites like buy and sell to see what they are selling for. Regards Jason McDowell McDowell and Co Accountants No Bernie this will not change.
There effectively will be 2 road tax rates – one for the new cars bought after July and one for all others.

People will still need to buy 2007 cars but the market I guess will dictate what you get for it.
Check out one of the web sites like buy and sell to see what they are selling for.

Regards
Jason McDowell
McDowell and Co Accountants

]]> Comment on VRT CHANGES by Bernie O Hara http://www.mcdowellaccountants.ie/vrt-changes/comment-page-1/#comment-65 Bernie O Hara Thu, 21 Aug 2008 13:33:39 +0000 http://mcdowellandco.com/?p=21#comment-65 I have a ford focus 1.6 diesel The road tax came down on these cars in July but because I have my car since 2007 I still have to pay the higher road tax, is this going to change and if not who will buy these cars second hand when one a year newer will have lower road tax. I have a ford focus 1.6 diesel The road tax came down on these cars in July but because I have my car since 2007 I still have to pay the higher road tax, is this going to change and if not who will buy these cars second hand when one a year newer will have lower road tax.

]]> Comment on Payroll Service – take the hassle out of paying your employees ! by Alex http://www.mcdowellaccountants.ie/payroll-service-take-the-hassle-out-of-paying-your-employees/comment-page-1/#comment-1969 Alex Fri, 15 Aug 2008 21:06:07 +0000 http://mcdowellandco.com/?p=62#comment-1969 Your blog is interesting! Keep up the good work! Your blog is interesting!

Keep up the good work!

]]> Comment on CLICK HERE TO POST A QUERY by Daniel http://www.mcdowellaccountants.ie/click-here-to-post-a-query/comment-page-1/#comment-114 Daniel Sat, 09 Aug 2008 09:29:46 +0000 http://mcdowellandco.com/?p=49#comment-114 I read similar article also named CLICK HERE TO POST A QUERY, and it was completely different. Personally, I agree with you more, because this article makes a little bit more sense for me I read similar article also named CLICK HERE TO POST A QUERY, and it was completely different. Personally, I agree with you more, because this article makes a little bit more sense for me

]]> Comment on CLICK HERE TO POST A QUERY by admin http://www.mcdowellaccountants.ie/click-here-to-post-a-query/comment-page-1/#comment-112 admin Tue, 29 Jul 2008 14:43:03 +0000 http://mcdowellandco.com/?p=49#comment-112 Got a more senior view now from a Revenue Official who now say a Self Employed person CANNOT use mileage and subsistance allowances. McDowell & Co Accountnants Got a more senior view now from a Revenue Official who now say a Self Employed person CANNOT use mileage and subsistance allowances.

McDowell & Co
Accountnants

]]> Comment on CLICK HERE TO POST A QUERY by Jason McDowell http://www.mcdowellaccountants.ie/click-here-to-post-a-query/comment-page-1/#comment-111 Jason McDowell Mon, 21 Jul 2008 09:21:59 +0000 http://mcdowellandco.com/?p=49#comment-111 Yes Revenue have confirmed a self employed person can use the civil servant allowances for mileage and overnight stays. check my site for more details. www.mcdowellandco.com/?page_id=24 (see number 3 and 6). Also, again as I said on the site you can employ your spouse and pay her a salary ....see this link and check number 2. http://mcdowellandco.com/?p=14 One to watch though is that she would loose entitlements to social welfare payments is she has not prsi contributions - check this with social welfare. Yes Revenue have confirmed a self employed person can use the civil servant allowances for mileage and overnight stays.
check my site for more details.

http://www.mcdowellandco.com/?page_id=24 (see number 3 and 6).

Also, again as I said on the site you can employ your spouse and pay her a salary ….see this link and check number 2.

http://mcdowellandco.com/?p=14

One to watch though is that she would loose entitlements to social welfare payments is she has not prsi contributions – check this with social welfare.

]]> Comment on CLICK HERE TO POST A QUERY by Mark http://www.mcdowellaccountants.ie/click-here-to-post-a-query/comment-page-1/#comment-110 Mark Thu, 17 Jul 2008 11:43:43 +0000 http://mcdowellandco.com/?p=49#comment-110 Hi Jason, I'm a sole trader and I'd like some further advice on reducing my tax bill. Can you confirm I can claim back the following expenses as per revenue guidelines? Mileage allowance, subsistence, and overnight allowance? I also work from a home office so what percentage should I use for claiming back heat, light? Finally, my wife works in admin for me so to further reduce my tax bill how should I pay her? She is a full time mum but she still works with me? My earninngs are in excess €100k. Hi Jason,
I’m a sole trader and I’d like some further advice on reducing my tax bill. Can you confirm I can claim back the following expenses as per revenue guidelines? Mileage allowance, subsistence, and overnight allowance? I also work from a home office so what percentage should I use for claiming back heat, light? Finally, my wife works in admin for me so to further reduce my tax bill how should I pay her? She is a full time mum but she still works with me? My earninngs are in excess €100k.

]]> Comment on Rental Income by Leon Quinn http://www.mcdowellaccountants.ie/rental-income/comment-page-1/#comment-17 Leon Quinn Wed, 25 Jun 2008 10:47:00 +0000 http://mcdowellandco.com/?p=12#comment-17 Interesting stuff, will be in touch! Leon Interesting stuff, will be in touch!

Leon

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