The Special Assignee Relief Programme is specifically aimed at employees who have been assigned by his or her employer to relocate to Ireland to work for that same employer. If the employee earns in excess of €75,000 per year, they may be eligible to claim tax back under the Special Assignee Relief Programme. The conditions to qualify for SARP are...
In an effort to encourage export-led business, particularly to emerging market economies, the government have introduced a “Foreign Earnings Deduction” tax credit. The Foreign Earnings Deduction Tax Credit In short, this tax credit is allowable to an employee or director who spends more than 30 days of the year on company business in a country that is classified as...
For many people, taxation is a topic of discussion they like to avidly avoid. However, in avoiding any dealings with taxation, you could then miss out on a sizable tax rebate. The long list of tax credits and reliefs you may be eligible for could surprise you. Therefore, it’s always best to check to make sure you’re not missing out...
There are so many tax forms and tax rates to keep track of and understand, it really can be mind-boggling! One of the most important elements of taxation is your tax credit certificate which plays a significant role in making sure you’re charged the correct amount of tax. However, many people struggle to get their head around tax credit certificates...
Nursing Care Tax Rebate We are always surprised at the number of people who do not realise that they can claim tax back on fees paid for nursing homes costs or for employing a home carer. You can claim tax back for any fees paid over the last 4 years. If you are not doing so, you are essentially leaving...
There’s already so much to think about when changing employment, that it can be frustrating to have to deal with your taxes as well. To make this process easier and ensure you’re not overpaying tax, we’ve compiled a quick guide to everything you need to know about changing your job and tax. P45 In the past, your employer was...
Understanding taxation can be difficult, especially when there’s so many confusing terms involved. Often misunderstandings or lack of understanding regarding taxation can lead to over payment of tax. We’ve created a quick guide to explain the top ten tax terms. 1. Tax Credits Tax credits exist to reduce the amount of tax you have to pay. There are different...
Tax credits are a form of relief offered by the government to reduce the amount of tax you have to pay. Every PAYE worker is eligible for these and is guaranteed to receive at least the Personal Tax Credit and the PAYE Tax Credit. However, there are various other tax credits available which may be applicable depending on your individual...
It’s an unfortunate fact that many of us are actually overpaying taxes. Thankfully, we can claim this tax back if we know what relief we can apply for and how the rebate process works. Learn the five key things you need to know about claiming tax back. Time Limits Currently, you can only claim tax back for the previous...
Over the years the government has offered a range of tax credits and relief options, from private pensions to medical expenses. We have decided to detail some of the tax credits you can currently still avail of. Tuition Fees If you’re paying college tuition fees for you or another family member, you could be eligible for tax relief at the...
Universal Social Charge (USC) in Ireland Many tax rebates processed here at Irish Tax Rebates often include a refund for at least one of the past four years for an overpaid universal social charge payment. Since its introduction, many people have been subject to overpayment of USC due to clerical errors, miscommunication and/or misunderstandings. We have found three key reasons...
