Search Results for 'Pay-as-you-earn tax'

In today’s economic climate many businesses require additional office skills from prospective employees. A working knowledge of the Irish payroll system is an excellent skill to acquire.

GPA Solutions are delivering a manual and computerised payroll award in Athlone commencing on April 22. This course aims to provide learners with good basic knowledge of manual payroll principles and the practical knowledge of the working of Thesaurus software. Learners who successfully complete this course will have a thorough knowledge of basic PAYE computations to include the cumulative, week one, and emergency tax basis. Learners will learn and understand PRSI and USC computations, how to deal with starters and leavers, file revenue forms, and year end procedures.

The importance of shopping in your local community is even more important this year as retailers struggle against the blows struck by austerity and internet shopping, believes Mullingar Chamber president Pat Whelan.

The personal income tax return deadline is October 31 so it’s time to gather your information together to ensure your return is processed well in advance of the income tax return deadline 2013.

Pubs and other businesses in Mayo who are struggling to remain open due to difficulties in obtaining a tax clearance certificate when their tax payments are in arrears received some good news this week. Fine Gael TD for Mayo, Michelle Mulherin, has welcomed assurances provided to her by the chairman of the Revenue Commissioners that increased flexibility is being shown to businesses which are having difficulty getting their tax clearance certificate. As things stand, the Revenue Commissioners require a 40 per cent lump sum payment up front from businesses that are having difficulty paying. Revenue may now reduce this 40 per cent figure on a case by case assessment.

Five individuals in Galway made tax settlements totalling just over €920,000 in the last quarter of 2012, figures released by the Revenue this week reveal.

In the first half of 2012 alone there were 639 income tax defaulters named on the Revenue’s tax defaulters list. Taxback.com say that this should strike a chord with self-assessed taxpayers in Westmeath at a time of year when thousands of self-employed, non-PAYE employees and a growing number of PAYE employees are dreading filing their tax return with just 2 weeks until the October 31 tax return deadline. Taxback.com say that in keeping with other years they expect that a large number of those who are due to file a tax return simply will not do so and a further group will file but will fail to meet the deadline. The latest Global Entrepreneurship Monitor (GEM) Report 2011 shows that 2,200 people started a new business in Ireland every month in 2011 which means that the number of those required to file a tax return is also growing.

The Government must act immediately on unregulated liquidation sales which are taking place without any proper planning or fire and safety checks.

Although Budget 2012 may not have provided much in the way of future reliefs for taxpayers the good news is that people still have an opportunity to claim the tax refund due to them for prvious years. This is according to leading tax specialists www.taxback.com who say that there is still a long list of tax reliefs available to people that could result in savings of hundreds of euro but many of these go unclaimed every year either due to a lack of awareness or unfortunately the apathetic nature of some people.

Employers should be aware that there have been a number of significant changes to the calculation of employee deductions and the Universal Social Charge (USC) as a result of the 2011 Budget as follows: