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VAT – 9% rate on certain goods and services from 1 July 2011

Finance (No.2) Act 2011 introduced a second reduced VAT rate of 9% to apply in respect of supplies of certain goods and services for the period 1 July 2011 to..

PRSI change in July for lower paid

As part of the Minister for Finances drive to increase employment, from 1st July 2011 the rate of employers PRSI will be cut in half. The current rate is 8.5%..

Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010

Legislative changes to give effect to the taxation changes arising from the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010 are contained in Finance (No. 3) Bill..

FINANCE (NO. 3) BILL 2011

The Minister for Finance Michael Noonan T.D. today published the Finance (No. 3) Bill 2011.  The Bill provides for changes to existing tax legislation as a consequence of the passing..

Clarification Received on PRSI Payments on Employer PRSA Contributions

Please note that the Department of Social Protection have recently clarified their position in relation to the above. Previously it was held that as an Employers contribution to a PRSA..

Latest Email Scam

The Revenue Commissioners have today (25/05/11) become aware of another fraudulent email purporting to come from Revenue seeking personal information from taxpayers in connection with a tax refund. This phishing..

VAT and Charitable Donations via SMS Text Message

Questions have arisen in relation to the VAT treatment of donations to charity, usually for specific disaster appeals, made via mobile phones using SMS shortcodes. The purpose of this eBrief..

Artists Exemption

Section 195 Taxes Consolidation Act 1997 empowers the Revenue Commissioners to make a determination that certain artistic works are original and creative works generally recognised as having cultural or artistic..

Vat Change – jobs initiative

Rate Change – Jobs Initiative 2011 Introduction of a second Reduced VAT Rate with effect from 1 July 2011 The Minister for Finance has announced that a second reduced VAT..

Jobs initiative

As published May 2011 by the department of finance   http://www.finance.gov.ie/viewdoc.asp?DocID=6828

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Tax Clearance Certificate

If you need a tax clearance certificate in a hurry, write to me at jason@mcdowellaccountants.ie for an express application.       A Tax Clearance Certificate is a written confirmation..

Knowing your tax credits – Save €900 in tax today

Wheter your PAYE of self employed the tax system in Ireland only issues tax credits as directed by you. We all recieve the standard credits (single / married persons) plus..