Ireland corporate tax to rise to 15%

Ireland corporate tax to rise to 15%

Ireland’s 12.5% corporate tax rate is to be increased to 15% Donohoe confirmed that corporation tax will rise, the new tax rate will apply to companies with turnover over €750m. This means that Ireland is now part of the global corporate tax plan which has been put...
Inheritance tax bills hit record £6bn

Inheritance tax bills hit record £6bn

HMRC has collected more than £6bn in inheritance tax (IHT) in the past 12 months, the highest figure ever. The amount of inheritance tax paid by taxpayers has jumped with HMRC collecting £6.01bn over the last 12 months compared to £5bn in the previous year. This is...
Grappling with SEISS 5 and the new turnover test

Grappling with SEISS 5 and the new turnover test

With the fifth in the series just days away, the Self-Employed Income Support Scheme (SEISS) seems intent on overtaking the Fast and Furious film franchise (which currently stands at nine). This time around, the twists and turns come in the form of a new turnover test...

Do Sweat The Small Stuff

Our job as expert tax advisors is to reduce our client’s tax to the lowest amount possible within the rules, and we see time and again taxpayers missing out on tax relief on the small stuff that doesn’t seem to matter. The thing is though, those extra expenses...

50 Tax Breaks For Employees

People often say to us, that when they’re employed the tax breaks for employees to exploit aren’t as good as those available for the self-employed. That is true, but those breaks were originally intended to compensate self-employed taxpayers for the risks they...