What is Foreign Earnings Deduction? If you are an Irish Resident registered PAYE worker and you spend more than 30 qualifying days per year working abroad, you may be entitled to claim the ‘Foreign Earnings Deduction’. The Foreign Earnings Deduction “FED” was introduced in 2012 to encourage the expansion of Irish trade with emerging markets. It can be claimed as part...
Back to School Expenses How much does it cost to send a child back to school? Last week, Barnardos Children’s Charity released the results of a survey about the back to school expenses and their requests for the 2023 Budget on school uniforms, books and more. According to the children’s charity, “The cost of equipping children for the return to...
Are you dreaming of a last minute getaway? In August, a couple can fly to Sorrento and the Amalfi Coast for seven nights and stay in a four-star hotel with B&B for €769 each. Or they could opt for a four-star hotel with bed and breakfast in Kerry for €1,015 per person. A family of four could holiday in Spain...
Medical expenses can certainly add up, and each year families incur unexpected medical bills that can be quite significant. There are still over 1 million people in Ireland without medical insurance, and for those who have it, not all medical expenses are fully covered. The good news is that you can claim back tax on a wide range of medical...
Remote working can be liberating for many employees in Ireland – but working from home can also raise the cost of your energy bills. By claiming working from home tax credits, you can make some savings on these rising costs. Those struggling with the cost-of-living squeeze can claim tax relief on their electricity, heating and broadband bills immediately for their...
Taking care of an incapacitated or disabled loved one is a reality of life for many families. Employing a carer can be an appealing solution, and an excellent alternative to a nursing home — but it can also have significant financial implications on families. When given the option, most elderly people prefer to remain in their own homes rather than...
The Pandemic Unemployment Payment (PUP) is officially finished, while the Employment Wage Subsidy Scheme (EWSS) is also ending very soon. You may have availed of one of these schemes, but how will that impact your taxes now and going forward? Find our updated blog here. CONTENTS What is PUP? What is EWSS? How Are PUP And EWSS Taxed? Applying...
As Ireland’s No. 1 tax agent, we’ve processed a lot of tax rebates so far this year. That said, a huge number of people still haven’t claimed their tax refund yet. We want to tell you about what tax back you could be entitled to for 2021. Let’s check out what you’re due. CONTENTS What Tax Back Can I...
Are you a PAYE worker and eager to reclaim your overpaid taxes in Ireland but unsure how to? Understanding your three options is key to maximising your income tax refunds. So let’s get into it, how can you claim a tax refund in Ireland? Let us explain each way and the result you’ll get from each. How Do I...
Are you due a Christmas bonus? Thousands of Irish taxpayers have already applied for their Christmas tax rebate this year. We’re working hard to process thousands of applications each week at the moment to make sure our customers get their rebates ASAP and have that extra cash for Christmas. If you haven’t applied yet, then apply for your tax rebate...
If there is anything that we have learned in over 20 years of helping people who live and work in Ireland to secure their rebates, it’s that just about anyone can be due back a huge tax rebate. Each month, we will bring you stories about the highest rebates that we have secured for our customers to inspire people across the country to apply for their own rebates and get the money they’re owed. Check out this month’s rebate superstar below to see...
