Search Results for 'Tax'

Activity in the 'black economy' is rising with some €340m lost every week in the economy while €3.4 billion bypasses the Revenue Commissioners every year, according to small and medium enterprise group, ISME.

The Green Party proposal for the introduction of a carbon tax in the forthcoming budget has been described as outrageous by local Fine Gael deputy Phil Hogan.

Q. I am in the process of establishing an export business in the west. I am sourcing a manufacturer for my product in Ireland and all of my sales will be abroad — 50 per cent US and 50 per cent in Europe. I will be selling to distributors in a number of countries. I am very confused on the VAT treatment. How does it work?

It is said “every cloud has a silver lining” and this is true in today’s economy. While the news is full of doom and gloom, we should look on the bright side and consider what opportunities we can grasp.

Q. I am running my own business and I am registered for VAT and prepare bi-monthly returns based on my invoices. I am currently experiencing some cashflow difficulties due to economic conditions, a friend recommended that I account for VAT on a cash receipts basis. What is this and how does this work?

Q. I am purchasing land in Mayo from a non resident. He has told me that I don’t have to withhold tax from the payment. I think that he is wrong. What is the correct position?

Dear Editor

Were we not miserable enough? Must they kick you while you’re down? Do they really need to take that one last and most damaging punch as a precaution just in case you might rise up from the ashes?

Personal Tax Matters

Located on Lower Gerald Griffin Street, just a short stroll from the hub of Cruises Street and the Old Quarter, Old Windmill Court is in the heart of Limerick city. No expense has been spared in this Murray O'Laoire architecturally designed development. Taking into consideration the location, design, and tax incentives, Old Windmill Court will prove to be a wise investment.