Revenue COVID-19 Employer Wage Subsidy

Most employers who submitted Payroll info to Revenue in the last two weeks will have received a subsidy refund by now. The amount being received is causing confusion as it won't match the amount of subsidy an employer will have claimed in their Payroll submission. The reason is that Revenue can't see from the submissions [...]

By | 2020-04-29T10:25:18+00:00 April 29th, 2020|Tax Tips|Comments Off on Revenue COVID-19 Employer Wage Subsidy

Payroll Specialists in Galway

There are a lot of businesses out there who are reading with some confusion about all the changes that Revenue have announced to payroll. Book Keeping Partners are a Galway company that specialise in payroll and are here to help. If you are worried about your payroll, give us a call to chat about it [...]

By | 2020-04-29T10:22:50+00:00 April 29th, 2020|Tax Tips|Comments Off on Payroll Specialists in Galway

Self Employed COVID-19 Payments

To all you self-employed people out there wondering if you were entitled to the Covid 19 Pandemic Unemployment Benefit of €350, there has been further clarification from Revenue on this. Initially, they stated that your self-employed business must have ceased. They now state "You may, if your trading income has collapsed to the extent that [...]

By | 2020-04-29T10:19:28+00:00 April 29th, 2020|Tax Tips, Uncategorized|Comments Off on Self Employed COVID-19 Payments

Cycle to work scheme

On 1 January 2009 a new government scheme to encourage people to cycle to work came into force. The new bike scheme covers bicycles and accessories up to a maximum cost of €1,000. The bicycle must be purchased by your employer but the scheme can then operate either with your employer bearing the full cost [...]

By | 2017-06-19T08:26:03+00:00 May 15th, 2017|Tax Tips|Comments Off on Cycle to work scheme

Reclaim VAT on bad debts

If you have bad debts from customers then you are entitled to claim the VAT back on any invoices you have included in your VAT return. This only applies if operating on an invoice basis.

By | 2017-06-19T08:24:42+00:00 May 15th, 2017|Tax Tips|Comments Off on Reclaim VAT on bad debts

Public Holiday pay for part-time employees

Part-time employees are entitled to be paid for public holidays if they work 40 hours in total in the five weeks previous to the public holiday.  This will be calculated on a pro-rata basis per hours worked.

By | 2017-06-19T08:29:38+00:00 May 15th, 2017|Tax Tips|Comments Off on Public Holiday pay for part-time employees

TAX relief on health expenses

Health expenses are frequently not claimed.  Keep all receipts for medical fees, prescriptions, non-routine dental expenses and hospital fees.  Review these at the end of the tax year to see what is reclaimable.

By | 2017-06-19T08:28:29+00:00 May 15th, 2017|Tax Tips|Comments Off on TAX relief on health expenses

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