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    Peer to Peer Interest Taxation

    Loan default is the capital sum remaining on loan that will not be repaid. Reason I had question on platform fees is Schedule D Case III which does not seem to allow for any deductions
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    Peer to Peer Interest Taxation

    Has anyone got clear advice on what should be entered on your income tax return given below example of interest earned on a peer to peer lending platform Gross Interest €100.00 Platform Fees €12.50 Loan Defaults €20.00 Is the taxable amount 1. Gross Interest 2. Gross Interest less platform...
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    Revenue treatment of holiday home rental income

    Don't forget the revenue allow you a wear and tear allowance of 12.5% of the value of the furniture in the house. Helps to reduce that tax bill !!!!
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    Advise re best form of payment for work done

    Are you sure that is correct ? I thought this income would be entered under section 10 on form 12 "Income from a Trade or Profession" section 8 is only for certain limited circumstances Irish employment not subject to PAYE [215] This section refers to Irish employment income which does...
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    Revenue on-line service

    On Form 12 section 13 there is a section for Repairs, Interest and other expenses
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    CT1 returns

    IanMc09, Not sure from your message if you are aware CT payment dates are different to filing dates for CT Year End Preliminary CT Payment Date Filing Date & Remaining CT 31/12/08 21/11/08 21/09/09 31/12/09 21/11/09...
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    PRSI Query

    Spgm, If you are comparing your PRSI deductions on a December payslip to a January payslip then the usual reason for the the increase is as follows The PRSI contributions are made up of a 4% PRSI element and a 2% health levy when your accumulated pay for 2008 exceeded 50700 you no longer...
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    Annual Accountancy Subscription Tax Relief

    for cheap CPD courses www.cpdwise.com
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    Self employed tax allowance?

    little feat, I would also advise you to meet with an accountant to get advice around the records you must keep in order to keep the Revenue happy. - record of invoices issued/ cash receipts received - record of expenses paid It will help you also !!! Nothing worse than looking at a bank...
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    Employer deduction of BIK tax/PRSI on share options

    Clubman, Exchange Rates The Revenue only seem to require you to be consistent in the rates you use i.e not to be switching between corporate , revenue and spot rates in order to reduce the BIK. I use www.oanda.com for my rates as they have a very good fx History page and I also avoid the...
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    Standard Rate cut off and Social Welfare

    clubman, thanks for the reply. yes the revenue were informed to amend cut offs but new cert was issued cut offs were 38400 no account taken of spouse social welfare. Contacted revenue and was told there is no increase in cut offs for taxable social welfare payments to a spouse ?? The...
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    Standard Rate cut off and Social Welfare

    Can anyone tell me whether the married, one spouse working standard rate cut off of 38400 should be increased by any disability benefit received by a spouse who is off work sick. For example Working spouses standard rate cut off is 38400 Spouse on disability benefit will receive...
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