- Residential Premises Rental Income Relief – Landlords Tax Relief March 12, 2026 - Are you an individual landlord of rented residential property in Ireland? If so, this nine page Revenue guidance material published today may be of interest to you, especially if you are a non-resident landlord. In general, non-resident individuals are not entitled to any personal tax credits, reliefs and/or deductions. Section 1032 TCA 1997, […]
- 2026 U.S. Filing – U.S. Taxes December 23, 2025 - The One Big Beautiful Bill Act, which was passed on 4th July 2025, made sweeping updates to the U.S. tax code and will extend a number of provisions from the 2017 Tax Cuts and Jobs Act, that were due to expire. This legislation creates new reporting requirements and amends certain eligibility thresholds. Up […]
- 2025 UK Autumn Budget – Capital Gains Tax November 26, 2025 - Today, Wednesday, 26th November 2025. the Chancellor, Rachel Reeves, announced a number of changes to Capital Gains Tax (CGT), effective immediately. The change, the majority of our clients have reacted to, is the reduction of the Capital Gains Tax Relief business owners/shareholders receive when they dispose of shares in their company to an employee […]
- UK Personal Taxes – UK Autumn Budget 2025 November 26, 2025 - The Chancellor, Rachel Reeves, delivered her Autumn Budget today, Wednesday, 26th November 2025. This article provides an overview of Personal Taxes under the following headings: Income tax and National Insurance Contributions (NICs) Inheritance tax (IHT) Agricultural and business property relief Pensions Employee Ownership Trusts (EOTs) Residential property / High Value Council Tax Surcharge ISA […]
- Finance Bill 2025 Ireland – Increasing Revenue Powers October 16, 2025 - The Minister for Finance, Paschal Donohoe, published Finance Bill 2025 today, 16th October 2025, giving effect to the tax measures announced in Budget 2026 of last week. Section 31 of the Bill introduces a new Section 959AX TCA 1997 to Part 41A TCA 1997. This legislation gives the Revenue Commissioners the authority […]
- Tax Changes for employees – Ireland 2026 October 8, 2025 - Budget 2026 was announced on Tuesday, 7th October 2025. From 1st January 2026, the National Minimum Wage for people aged twenty and over will increase, by 65 cents, to €14.15 per hour. Other changes for employees and employers include the following: Small Benefit Exemption The Small Benefits Exemption enables employers to provide tax-free […]
- Budget 2026 – Ireland – extension of Tax Credits and Reliefs October 7, 2025 - Budget 2026 introduced a wide range of updates across Ireland’s tax system. The following Tax Credits and Reliefs are being extended: 1. The Rent Tax Credit is being extended for a further three years. It is due to expire at the end of 2028. For further information, please click link: https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rent-credit/index.aspx […]
- Budget 2026 – Business Taxes October 7, 2025 - Today, Tuesday, 7th October 2025, the Minister for Finance, Paschal Donohoe and the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, Jack Chambers presented Budget 2026. In this series of articles, we have outlined some of the tax changes which we consider most relevant under the following headings (a) Personal Tax, (b) […]
- Budget 2026 – Personal Tax October 7, 2025 - Today, Tuesday, 7th October 2025, the Minister for Finance, Paschal Donohoe and the Minister for Public Expenditure, Infrastructure, Public Service Reform & Digitalisation, Jack Chambers presented Budget 2026. In this series of articles, we have outlined some of the tax changes that we consider most relevant under the following headings (a) Personal Tax, (b) […]
- Dwelling House Exemption – Gift and Inheritance Tax – CAT September 23, 2025 - In general terms, Capital Acquisitions Tax is the Irish gift or inheritance tax arising on a benefit taken by or from an Irish resident individual. It also applies if a gift or inheritance includes Irish property, regardless of the residence of the person, either taking or giving the benefit. It’s important to bear […]
- Corporation Tax Returns Form CT1 August 27, 2025 - On 27th August 2025, Revenue updated the The Tax and Duty Manual Part 38-02-01 to include links to the following Tax and Duty Manuals: Completion of Corporation Tax Returns Form CT1 2024 Completion of Corporation Tax Returns Form CT1 2023 If you require assistance filing your CT1 Forms, please contact […]
- PAYE Exclusion Order August 11, 2025 - Today, 11th August 2025, Revenue have amended their Tax and Duty Manual Part 42-04-01 – PAYE Exclusion Orders. This guidance material provides details of the new PAYE Exclusion Order application portal, which may be accessed through MyAccount or ROS. This new application system will allow for faster processing times. If […]
- ROS Pay and File – useful tips August 7, 2025 - Revenue eBrief No. 156/25 was published on 7th August 2025. Tax and Duty Manual Part 38-06-01a has been updated to contain the following: A link to access further information on Revenue’s new agent eLinking facility is provided in paragraph 6.5.1. Paragraph 7.1.2 states that payments via Commercial Debit Cards will no longer be accepted from […]
- Research and Development (R&D) Corporation Tax Credit July 20, 2025 - The Research and Development Tax Credit provides a 30% tax credit for all qualifying R&D expenditure. It increased from 25% to 30% for accounting periods commencing on or after 1st January 2024. There is expected to be a further increase in Budget 2026. It’s important to keep in mind that this tax credit […]
- One Big Beautiful Bill – U.S. Business Tax July 4, 2025 - On 4th July 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law. It introduced several updates to federal informational reporting requirements. 1099-MISC and 1099-NEC It significantly raises the reporting threshold for payments made on Forms 1099-NEC and 1099-MISC. From 1st January 2026, businesses will only be required to file a […]
- Filing Irish Tax Return – Self Assessment Income Tax Return May 9, 2025 - You will need to file an Income or Personal Tax Return on or before 31st October 2025 if you are one of the following: A self employed individual, someone working on a freelance/consultancy basis or a contractor. A proprietary director i.e. a Director of a limited company who can control in […]
- Revenue Compliance Interventions – updated April 9, 2025 - Today, 9th April 2025, the Revenue Commissioners updated their guidance material in relation to the Code of Practice and Compliance. Please click link: https://www.revenue.ie/en/self-assessment-and-self-employment/code-of-practice-and-compliance/index.aspx As you’re aware, the Code of Practice for Revenue Compliance Interventions is a set of guidelines on how the Revenue Commissioners conduct compliance interventions. It covers all aspects […]
- Capital Acquisitions Tax on US inheritances – US FET for non-US residents April 6, 2025 - Non-US individuals with assets located in the USA may be subject to US estate tax in addition to tax arising in their country of residence. Such assets include (i) U.S. Real Estate, (ii) Stocks and Shares in US corporations, (iii) Cash Deposits with US brokers, (iv) U.S. registered ETFs, (v) U.S. tangible personal property, […]
- Inheritance Tax Changes – UK Taxes – 2025 March 3, 2025 - The 2024 Autumn Budget announced a series of changes to UK Inheritance Tax. As you’re aware, in the UK, Inheritance Tax is a tax payable on the value of a deceased person’s estate. This differs to Irish Capital Acquisitions Tax where the beneficiary pays CAT on gifts and/or inheritances. Current Rules Currently, […]
- Inheritance Tax Changes – UK IHT – Tax Reliefs February 3, 2025 - The UK Autumn Budget 2024 announced changes to the current Agricultural and Business Property Inheritance Tax regimes. From 6th April 2026, the combined Agricultural Property Relief and Business Property Relief will be restricted to the first £1 million on “qualifying assets.” The Chancellor of the Exchequer delivered her Budget on 30th October 2024, announcing […]
