35 Wolfe Tone St Sligo info@mcdowellaccountants.ie 071 91 69647
The Revenue website has been updated to provide information on Revenue’s extension of the voluntary disclosure initiative for interest reporting to include Credit Unions. The final date for disclosures is 31 March 2010.
Final Call for New Business Ideas! 2 funded scholarships available – apply by Wednesday 21st of October @5pm One of Ireland’s most successful support programmes for budding entrepreneurs will launch this October 20th at The LINC at the Institute of Technology in Blanchardstown. The M50 Enterpise Start Programme is a six week part-time programme offering…
People aged 65 and over are subject to the same general tax rules as everyone else but they do get higher exemption limits and some extra tax credits. In general, if you are taxed exclusively under PAYE (this includes people whose non-PAYE income is taxed by having it coded into their determination of tax credits,…
Nursing home fees still allow tax relief at 41%. This means if you are paying €20,000 per year to a nursing home you can claim back up to €8,200 in tax if you are paying tax at the higher rate. If your son/relative or other family are paying this for you they can claim this…
I am launching today a new section dedicated to Older people. Here, I intend to post a range of ideas which may save you money, in the form of tax or otherwise. Today I start with DIRT tax : People over 65 You can get your deposit interest paid without the deduction of DIRT or…
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Press Release Eurostat Preliminary View on the Operations of the National Asset Management Agency in the National Accounts The Minister for Finance, Mr. Brian Lenihan T.D., today stated: “I welcome the preliminary decision of Eurostat (the Statistical Authority of the European Commission) that the operations of the National Asset Management Agency should be recorded outside…
National Asset Management Agency Bill 2009 Committee Stage Amendments The Minister for Finance announced that the Government on Thursday approved a number of amendments to the National Asset Management Agency Bill to be introduced at Committee Stage in the Dail next week. The Minister stated – ‘I welcome the passing of Second Stage of the…
With the 31st October deadline looming upon us, by now you may have finalised your accounts for 2008 and have submitted all necassary information to your accountant…….and then again….! Either way, here is a a few ways of reducing your tax a liability which your accountant may or may not have used ! 1. Employ…
LONG-TERM nursing home residents can now apply for a new financial aid package, following the introduction of the Fair Deal nursing home support scheme yesterday. Although the scheme won’t become operational until October 27th, the new care representative appointment process has already commenced, which means that individuals looking to avail of financial aid on behalf…
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