e-Working & Tax The days of the traditional workday and workplace are now distant memory for many. Whether it is employer or employee led, when it works there can be benefits for both such as: Work life balance. Less commuting. Increased productivity with less disruption. More family time. So how does one account for costs and expenses incurred while … [Read more...]

  Click here to register at our complimentary client briefing: The General Data Protection Regulation will replace all existing data protection laws from 25th May 2018 onwards. It will impact on your business if you hold any personal data belonging to customers, staff, suppliers etc. Join us on April 10th to get a plain English explanation of what steps you need … [Read more...]

Benefit in Kind (BIK) No BIK will arise in respect of the private use element of an electric company car provided to an employee. Brought in for 2018 but likely to be in place for at least 3 – 5 years. Capital Allowances Electric and alternative fuel vehicles qualify for accelerated capital allowances of 100% in the year they are purchased. The maximum allowance is … [Read more...]

You can rent out a room in your home for up to €14,000 per annum tax free. As long as the rent charged does not exceed €14,000 annually, you will not pay income tax, USC or PRSI on the rental income. There is no effect on the CGT exemption if you decide to sell your home. The rented room can be a self-contained unit within the house, such as a basement flat or a converted … [Read more...]