Tax relief on investment research tools?

[jrbeire]

Long shot - but do Revenue provide for tax relief on investment research tools? One example, I have a subscription to Stockopedia - can I claim that on an annual basis? Note I'm not a professional investor - rather I'm PAYE. If I can't claim annually, can I claim when I dispose of stocks (just like I can deduct transaction costs etc)

Cheers, John

 

[T McGibney]

No and no, unfortunately.

 

[Horatio]

TMG is correct - Trader is not listed as a profession with flat rate expense allowance.

https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/documents/flat-rate-expenses.pdf

There are trading education courses available that I have been considering purchasing & claiming tax relief on them as educational/tuition fees. Not what you asked I know but related somewhat.

 

[jrbeire]

Thanks both, John

 

[T McGibney]

TMG is correct - Trader is not listed as a profession with flat rate expense allowance.

https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/documents/flat-rate-expenses.pdf

Different subject entirely.

There are trading education courses available that I have been considering purchasing & claiming tax relief on them as educational/tuition fees. Not what you asked I know but related somewhat.

You'll be doing very well for this claim to succeed.