Make the most of all tax breaks out there especially ones which are easy to apply! E working is where the Revenue Commissioners allow you to pay someone €3.20 a day for working at home for your business. This could be your son or daughter doing valuable research for your business on the net in the comfort of their own room! That adds up to €1,168 per annum and that €478 of a tax saving if you are in the higher bracket. Make sure your accountant knows about it for your next tax return.
Regards Jason McDowell, McDowell & Co. Accountants.
Tel 071 91 63400