Archive for September, 2012

Do I have to notify the revenue if I open a foreign bank account

Sep 26

In any year in which you open a foreign bank account you are a ‘chargeable person’. This means that you are required to file a tax return in which you must declare, among other things, the name and address of the financial institution where the account is located, the date on which the account was […]

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Pay and File – 10 Tips to make your life easier

Sep 5

The pay and file deadline is fast approaching. Revenue have announced that Thursday the 15th of November 2012 will be the deadline for customers filing using ROS. The October 31st deadline remains for paper filers. If your filing yourself or using an accountant / tax consultant the following tips should help you out   1. […]

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Universal Social Charge

Sep 5

The Universal Social Charge (USC) came into effect on 1 January 2011. It replaced both the Income Levy and the Health Contribution. It is a tax payable on gross income, including notional pay, after relief for certain capital allowances,but before pension contributions. There is an annual exemption threshold of €4,004 up to 31 December 2011. This threshold […]

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