by Professional Tax Advisers Team | Nov 27, 2021 | General
Budget 2021 originally changed the deemed interest on interest free loans to the borrowing rate. Previously it had been the available deposit rate. This could have had a serious impact for parents lending money to children e.g. for a house deposit. The new rate could...
by Professional Tax Advisers Team | Sep 28, 2021 | General
A recent decision of the Tax Appeals Commission is very significant for practitioners with consultant clients trading through companies. Previously these companies were caught by the professional services surcharge. This left them with a choice of either: • taking a...
by Professional Tax Advisers Team | Jul 26, 2021 | General
We recently had an issue whereby a VAT refund claimed on pre trading expenses was disallowed by Revenue. A planning issue had thwarted the efforts to proceed with economic activity. In support of our case to allow the claim we quoted three cases heard in the ECJ, and...
by Professional Tax Advisers Team | Jul 26, 2021 | General
Most practitioners are aware that the threshold for Co-habiting couples is Group C, currently €16,250 This can lead to a substantial tax bill on the death of a partner, where the surviving partner is the main beneficiary. There are a few strategies to...
by Professional Tax Advisers Team | May 27, 2016 | General
Client and his Malaysian spouse have moved to Ireland from Thailand.. His past residence position was as follows UK up to 18 years ago Malaysia for 15+ years Thailand for past 6 months Client was born in the UK. He and his wife have now moved to Ireland and have...
