Notice to Property Owners: LPT Submission Deadline Approaching 7 November 2025
In summary: What is Local Property Tax (“LPT”)? LPT is a tax which is payable on the market value of residential property situated in the State. For the purpose of LPT “residential property” means a dwelling house plus grounds and gardens with the land up to a total of one acre. Any sheds, garages or […]
Budget Highlights 2026
Budget 2026 – Top 10 Tax Highlights The Minister for Finance, Paschal Donohue has announced Budget 2026 this afternoon, 7 October 2025. The total Budget package is €9.4 billion of which €1.3 billion has been allocated to taxation measures. The Top 10 tax highlights are as follows: 1. The Revised Entrepreneur Relief lifetime limit which […]
Tax Tables 2025
The must have PMQ Tax Tables 2025 are now available. If you would like a physical copy contact us at pmq@pmqtax.com.
UK State Pension Buyback
As you may be aware, the UK government are providing a once off opportunity for people who have previously worked in the UK to buy back up to 18 years’ service to increase their entitlement to the State pension. This opportunity is only available until 5 April 2025. After this date the maximum number of […]
Budget Briefing 2025
Budget 2025 Minister Jack Chambers delivered his first Budget this afternoon, 1 October 2024. While it is his first Budget, it is the current Government’s last one as a general election must be held before March 2025. The strong corporation tax receipts again exceeding forecasts together with the Apple ruling from the ECJ gave the […]
Residential Zoned Land Tax – Landowners, are you ready? Action Required in 2025!
2025 will be the first year in which landowners falling within the scope of the new Residential Zoned Land Tax (“RZLT”) must register to pay RZLT and file an RZLT return. RZLT is an annual tax calculated at 3% of the market value of land to which it applies. RZLT applies to land that is […]
Life Policies to Fund Gift or Inheritance Tax
A gift or inheritance can result in a significant tax liability and to make matters worse if the assets transferred are illiquid, there may be no funds to pay the tax. The tax liability on a gift or inheritance is payable by the beneficiary which in the case of a gift from a parent to […]
Revenue Penalties for not Reporting Employee Expenses
Since 1 January 2024 employers have been required to report to Revenue with details of certain tax-free expenses and benefits paid to employees. Specifically, any payments made directly to employees in respect of: • Travel and subsistence • Small benefit exemption • Remote working daily allowances are required to be reported to Revenue on or […]
Finance (No.2) Act 2023
We are pleased to outline our commentary on Finance (No. 2) Act 2023 (“the Act”) which was signed into law by the President on 18 December 2023.
Residential Zoned Land Tax –
3% Annual Tax on the Market Value of a Site
The government’s Housing for All Plan contained a proposal to introduce a new tax in order to incentivise the development of land that is serviced and zoned for residential use or mixed use to facilitate the increase of new housing supply. This tax was subsequently enacted and is known as the Residential Zoned Land Tax […]
ESRI Report on Options for Raising Tax Revenues in Ireland
The Economic and Social Research Institute (ESRI) recently published a paper which outlines various options to increase future tax revenues and the economic and social impact of each policy.
Finance Act 2020
We are pleased to provide our comprehensive commentary on Finance Act 2020 which was signed into law by the President on 19 December 2020.
Revenue Guidance-Covid 19 and Tax Residency
Revenue Guidance-Covid 19 and Tax Residency, cross border relief, SARP and PAYE Exclusion Orders. Click here to download…..
Budget Briefing 2021
A Budget Like No Other Overshadowed by Covid-19 and Brexit and with a backdrop of a Budget deficit of €21.5 billion for 2020 and a forecasted deficit of €20.5 billion for 2021, the Coalition Government today, 13 October 2020, announced the biggest ever Budget package of €17.75 billion. The key tax changes are as follows: […]
