The Local Enterprise Offices and Intertrade Ireland have joined forces to support the 95% of businesses who have not made preparations for Brexit. The event, entitled ‘All facts. No noise. Practical help to navigate Brexit’, will take place at Croke Park, Dublin from 9am until 2pm on Tuesday 5th December. …read more
Currently employers and pension providers are required to include with taxable pay all taxable Illness Benefit and Occupational Injury Benefit payments paid to employees by the Department of Employment Affairs and Social Protection. With effect from 1 January 2018, this will no longer be the case. From that date Revenue…read more
The paper Form P45 will be updated for 2018 to remove all references to Illness Benefit. The updated paper P45 will be available to non-ROS employers from early December 2017 and can be ordered from: Email: firstname.lastname@example.org. The ROS version of the P45 is not changing for 2018. Where a user…read more
Electric Company car drivers are to get a tax break under new measures that were announced in the Budget. The measures will see a zero rate of benefit in kind tax applied to electric vehicles used for business however Hybrid cars which use a combination of electric and petrol…read more
Do I need to register for VAT? Generally, you must register for VAT if you are an accountable person and you exceed or are likely to exceed the relevant VAT thresholds. If you are setting up a business but have not yet commenced supplying taxable goods or services, you should register…read more
McEvoy Craig was delighted to sponsor this year’s TEDx event which was held last Friday 3rd November in the Droichead Arts Centre where the theme of Private lives / identity was explored. Discussions were centered on whether it is influenced by culture, technology, art, social media, fashion, or whether it…read more
PAYE modernisation was announced in the 2016 budget statement and will involve the most significant reform of the PAYE system since its introduction in 1960. Employers will need to calculate and report their employees’ pay and deductions as they are being paid. This will make it easier for Revenue, employers…read more
Stella Tuite from McEvoy Craig in action presenting at the Drogheda Chamber Budget Briefing yesterday evening in Bru and discussing the budget highlights today on LMFM’s Late Lunch with host Gerry Kelly.
USC bands and rates Incomes of €13,000 or less are exempt €0 to €12,012 @ 0.5% €12,013 to €19,372 @ 2% €19,372 to €70,044 @ 4.75% €70,045 to €100,000 @ 8% PAYE income in excess of €100,000 @ 8% Self-employed income in excess of €100,000 @ 11% Minimum wage…read more
The pay and file deadline for income tax for the year 2016 is 31st October 2017. Remember, a late filing of tax return will incur charges. Non filing of tax returns within the deadline will also affect any tax clearances which are in place.