You can still avail of the extended deadline on the 10th November but bear in mind that this is the Pay and File deadline so the return and full payment must be made by November 10th or a surcharge will apply.

If you are making business purchases on Amazon, make sure you enter the VAT number of your business on your amazon account. This means that UK and EU suppliers will not charge VAT to Irish customers reducing the overall purchase price.

Although much of the detail on the HTB incentive has yet to be announced. The top 5 requirements that we know so far are:

If you make business purchases from stores like B&Q, Argos or Tesco for example – you’ll notice that the VAT number is often on the back of the till receipt.

The requirement to disclose directors’ transactions in company financial statements continues under Companies Act 2014. However the act amends the thresholds of certain transactions below which certain disclosures will be exempted from including in the financial statements:

Since 1 January 2016, the Earned Income Tax Credit also known as the “Self Employed Tax Credit” which is worth a maximum of €550 can be claimed by self-employed individuals, entrepreneurs and company directors who own more than 15% of the company.

We are pleased to announce the new-look website of Blue Star Accountants, our sister tax services provider aimed specifically at contractors working in Ireland.