by Ger | May 19, 2023 | Business
Starting a business in Ireland? This can be a daunting task involving many tough decisions. One thing you can be sure of is that Ireland is an excellent location choice for startups. Indeed, setting up a business in Ireland has long been an attractive proposition for...
by Ger | May 16, 2023 | Business
Although this is referred to as Retirement Relief, you do not need to retire from the business or farming. Note! If you are 55 or older, you might be able to claim Retirement Relief. This is a relief on Capital Gains Tax (CGT) when disposing of any part of your...
by Ger | Apr 28, 2023 | Business
Understanding Principal Private Residence Relief The Principal Private Residence (PPR) relief is a valuable tax exemption that can significantly reduce or eliminate Capital Gains Tax (CGT) when you sell your main home. To qualify for Principal Private Residence...
by Ger | Apr 27, 2023 | Business
What is a sole trader? A sole trader is an independent business owner who manages and runs their own business under their own tax number. Since you as a person and the business are one and the same, any losses the business experiences are your personal responsibility...
by Ger | Apr 25, 2023 | Business
The Finance Act 2008 introduced rules relating to the VAT treatment of property transactions which commenced on 1 July 2008. These rules completely replaced the pre 1 July 2008 VAT on property system and aimed to exempt most property transactions from VAT but with an...