News & Updates

Thinking of Moving to Ireland?

An English speaking country neighbouring the UK, Ireland offers many advantages for individuals who wish to relocate from the UK and maintain access to the European Union. In Ireland, an individual’s residency and domicile determine their liability to income tax.  Individuals who are Irish resident and domiciled will be liable to tax on their worldwide […]

Maximise Tax Reliefs on Transferring the Family Business before they Change

Retirement Relief can provide for an exemption from capital gains tax (CGT)  on the transfer by a parent aged 55 and over of the family business to their children.  For 2024, there can be a full exemption from CGT where the parent is aged between 55 to 65.  Where the parent is aged 66 and […]

Tax Free Payments to Employees New Reporting Requirements

Despite employer resistance and lobbying by the professional bodies Revenue seem to be proceeding with the introduction of employer reporting of the payment of expenses and small benefits to employees with effect from 1 January 2024.  The measure was introduced in Finance Act 2022 and was subject to a commencement order to give time for […]

Contractors in the Gig Economy – Supreme Court Ruling

The Supreme Court delivered its decision in the Domino’s Pizza delivery case and by a unanimous decision found that the delivery drivers were employees and PAYE should have been deducted on the payments made to the delivery drivers. Although the Supreme Court decision has not changed tax law and was based on the particular circumstances […]

Budget Briefing 2024

Budget 2024 – An Abundance of Tax Changes The penultimate pre-election budget contains a myriad of tax changes that impact businesses. Against a backdrop of corporation tax receipts which are forecast at €23.5 billion for the full year 2023 (€750 million below previous forecasts), two new funds have been put in place to secure the […]

Sinn Fein Budget 2024 Proposals

Before the Minister for Finance presents his Budget tomorrow, it is always interesting to look at the alternative budget as published by Sinn Fein. The one certainty is that taxes will increase for those who are considered wealthy and those with higher incomes. Their proposals include a 3% tax on income over €140,000 and a […]

Vacant Homes Tax

Revenue have recently issued guidelines on the Vacant Homes Tax (VHT) which was introduced to encourage vacant homes to be put to use to alleviate the housing crisis.  The tax first applies for the period from 1 November 2022 to 31 October 2023.  The filing date for the return is 7 November 2023 and payment […]

Patron 2023 Clontarf GAA Club

Our colleague Jane O’Hanlon receiving certificate for Purcell McQuillan

Finance Act 2022

We are pleased to provide our comprehensive commentary on Finance Act 2022 which was signed into law by the President on 15 December 2022.

Tax Tables 2023

The must have PMQ Tax Tables 2023 are now available.   If you would like a physical copy contact us at pmq@pmqtax.com.

Temporary Retrospective Changes to BIK on Vehicles

Yesterday the government announced temporary retrospective changes to how Benefit-in-Kind (“BIK”) is charged on company cars and vans.  The change comes further to the backlash the government received as people faced BIK increases in their tax liability associated with the change in the BIK rules to one based on the CO2 emissions of the cars. The change […]

Budget Briefing 2023

Budget 2023 – The Cost-of-Living Budget The Coalition Government today, 27 September 2022, announced a Budget package of €11 billion which aims to alleviate the cost-of-living crisis and the threat to jobs from the surge in energy costs as well as managing the long-term challenges of housing, health, education, and climate. Budget Package The Budget […]

Commission on Taxation and Welfare Summary of Recommendations

We attach a summary of the principal recommendations of the Commission on Taxation and Welfare.  The Commission did not recommend the introduction of a single wealth tax but instead opted to recommend significant increases in the tax yield from wealth and property.  Although some of the recommendations were dismissed by An Tánaiste, as being from […]

Finance Act 2021

We are pleased to provide our comprehensive commentary on Finance Act 2021 which was signed into law by the President on 21 December 2021.


Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/pmqtax/public_html/wp-includes/functions.php on line 5373

Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/pmqtax/public_html/wp-content/plugins/cookie-law-info/legacy/public/modules/script-blocker/script-blocker.php on line 489