- Revenue Form 12 by taxclinicadminI have received a Form 12 from the Revenue Commissioners and wonder what I should do next?
What is a Form 12?
The Form 12 is an annual Income Tax return for people whose primary sources of income are their PAYE income. If you are in receipt of any other income apartread more →
- REVENUE AUDITS by taxclinicadminWhy:
It is a fundamental principle of self assessment tax systems that Returns filed by compliant taxpayers are accepted as the basis for computing tax liabilities. However, Revenue promotes compliance with the Tax System by vigorous pursuit of those who do not file Returns, by auditing selected Returns.
Revenue Audits can be aread more →
- Are You Thinking Of Starting Your Own Business by taxclinicadminStarting your own business can be one of the most exciting and fulfilling decisions someone can make in their lives. The rewards can be substantial in terms of financial gain and self –esteem. Self – Employment requires Total Commitment, Physical and Mental Strength, Willingness to work long hours and Supportread more →
- 10 WAYS TO CUT YOUR TAX BILL by taxclinicadminRent A Room Relief:
If you rent out a room (or rooms) in your home to private tenants, the rental income you earn will be exempt from tax up to a limit of €10,000 per year.
You do not have to register with the Private Residential Tenancies Board (PRTB) as a landlord,read more →
- Medical Expenses That Qualify For Tax Relief by taxclinicadminWith the cost of living increasing, saving money in relation to our healthcare and medical expenses has become a priority for many people. Any qualifying medical expenses incurred in 2012 (or unclaimed medical expenses incurred in 2011, 2010 and 2009) may reap an unexpected cash windfall.
Health Insurance Premiums
Tax relief isread more →
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