News & Updates

Irish Income Tax 2014

Irish Income Tax 2014, authored by Purcell McQuillan, is now available for purchase from

Home Renovation Incentive Scheme Online

The online system for the Home Renovation Incentive Scheme has been launched by Revenue and is available to access on  The system enables homeowners to make a claim for a tax credit of 13.5% of work carried out on their homes by a qualifying contractor. 

Tax Tables 2014

The must have PMQ Tax Tables 2014 are now available.   If you would like a copy contact us at

Public Consultation on Various Reliefs

The government have announced that they are conducting a public consultation on the Employment and Investment Scheme and the Seed Capital Scheme, the Special Assignee Relief Programme and the Foreign Earnings Deduction.  It is understood that all schemes have had lower uptake than anticipated.  One of the reasons for the consultation is to ensure they […]

Do You Have Residential Property in the UK?

The Chancellor has confirmed in his Budget Report his intention, subject to consultation, is to levy 28% CGT on non-residents who own UK residential property from 6 April 2015.  The UK Budget also includes a provision amending the ATED (Annual Tax on Enveloped Dwellings) for properties held by corporate type vehicles.  The new provision indicates […]

Local Property Tax

Revenue have indicated that home owners have until Monday 31 March to correct any errors and make any payments of Local Property Tax and household charges due.  If payments are made prior to 31 March 2014, no interest or penalties will apply.  Anyone who claimed an exemption or deferral that they were not entitled to, […]

Reduction in Income Tax in Budget 2015

At the recent Fine Gael Ard Fheis, the Minister for Finance indicated that he may consider targeted income tax reductions in Budget 2015.  The Budget will take place in October 2014.  It had previously been stated by Enda Kenny that if economic circumstances improved that tax reductions for middle-income families were a priority.

Ireland’s 12.5% Corporation Tax Rate

Assistant Professor Jim Stewart from Trinity College Dublin has produced a paper challenging the PwC/World Bank Report which calculates the Irish effective Corporation Tax rate is 12.3%. By using data from the US Bureau of Economic Analysis he says the effective rate for US companies in Ireland is 2.2%. The Taoiseach among others responded by saying […]