ferrous sulfate 325 mg tablet viagra computers in the medical office

Media

Some of RTE’s top stars are facing the prospect of paying more tax if the Revenue decides they should be classed as employees, The Sunday Independent reports.

It had been speculated that long-term contractors would be targeted in last week’s Finance Bill but this failed to materialise.

However, the Sindo is now taking another bite at the story via the high earners in RTE such as Ryan Tubridy, Pat Kenny and Gerry Ryan who are paid through their companies rather than as employees.

“Any change in the criteria could have major implications for thousands of outsourced workers,” the newspaper notes.

Tax reliefs

The number of people claiming tax reliefs has more than trebled in the past five years, new figures from the Revenue Commissioners show.

More than 1.4m people claimed reliefs last year, according to The Sunday Business Post. The average rebate was around €380 with most claims arising from medical costs and work-related expenses.

The article notes that the 238,000 people who claimed for service charges last year will have that particular avenue closed to them after 2010, with reliefs on waste charges etc being phased out in last week’s Finance Bill.

Swiss Cheese

The Tax Man is looking for access to the controversial list of suspected tax defaulters who may have squirreled their money away in secret Swiss bank accounts.

The German authorities have paid €2.5m for the leaked list of 1,500 individuals in a move that has soured Swiss-German relations.  The Revenue is now planning to ask for a peek, something the Germans have agreed to do in the past with similar documents in its possession.

The Sunday Business Post reports that “getting information about Swiss bank accounts would be a massive coup for the Revenue, even if no names turned up on the list”.

“According to Revenue sources, it would prove that the era when tax evasion was widespread in Ireland had come to an end,” it says

Parking Levy

After a delay of a year, the government will shortly introduce its proposed €200 parking levy on spaces provided by employers, The Sunday Business Post reports.

The levy on employees who drive to work was first announced in October 2008 but remained wishful thinking for “logistical reasons”.  The teething problems now appear to have been overcome and the scheme will be rolled out on a phased basis, beginning in Dublin city centre.

It will then be extended across the country in main urban centres.

At the Movies

Investors put €100m in Irish films and TV productions last year, taking advantage of enhanced tax incentives for the industry, The Sunday Business Post reports.

The investment under Section 481 cost the exchequer €40.9m in revenue foregone but 46 TV series and 18 films received investment under the scheme during 2009. The number of productions was the highest since 1995.

Under the new regime introduced in 2008 to boost the industry, 100% of a movie’s budget can be offset against tax – up from 80% previously. The amount an individual could invest was also increased substantially.

We Are Here!

25 Herbert Place,
Dublin 2,
D02 A098,
Republic of Ireland.

T:+353-1-6766476
F:+353-1-6766783
E: info@noonecasey.ie