Guide to Irish Tax
By Noone Casey
This Tax Guide provides an overview of the Irish tax system. Check out our Budget summary & video for a review of key changes as announced by the Minister for Finance. If you have any specific queries on the content of the Guide or the recent Finance Act do not hesitate to contact us at info@noonecasey.ie or 01 6766 476.
- Income Tax Rates
- Bands of taxable income
- Income Exemption Limits
- Income Levy
- Tax Residence
- Split Year Treatment
- Cross Border Workers
- Remittance Basis of Assessment
- Special Assignment Relief Program
- Seafarer Allowance
- Exemptions
- Relief for the Long Term Unemployed
- Childminding relief
- Mortgage Interest Relief
- Home Carer’s Credit
- Carer’s Allowance
- Covenants
- Medical Insurance
- Dental Insurance
- Medical Expenses
- Permanent Health Insurance
- Trade Union Subscriptions
- Third Level College Fees
- Training Course Fees
- Service Charges
- Rent-a-Room Scheme
- Rent Relief for Private Accommodation
- Donations
- High Earners
- Artists Exemption
- Self Assessment – Pay and File
- Payment and Compliance
- Joint Assessment
- Pay and File Summary
- Information included in Return
- Late Filing of P.A.Y.E. Returns
- Registration of Foreign Employers
Interest Relief for Individuals
- Standard Rate DIRT Accounts
- 26% DIRT Accounts
- Incapacitated Individuals and over 65s
- Post Office Saving Certificates
- Investment Undertakings
- Credit Unions
- Post SSIA Maturity schemes
- Non-residents
- European Savings Directive
- Reporting of Deposit Interest
- Company Pension Schemes (Employees and Directors)
- Level of Allowable Contributions
- Refund of Contributions
- Retirement Annuities
- Directors Contributions
- Entitlements on Retirement
- Income Tax charge on pension funds
- Approved Retirement Funds (ARFs)
- Relief on Retirement for Sports Persons
- PRSA
- Self Administered Pension Funds
- Lump Sum Payments
- Retirement – Termination Lump Sum Payments
- Top Slicing Relief
- Lump-Sum Payment to Employees on Company Restructuring
- Retraining Exemption
- Reporting Requirement
- Approved Share Option Schemes
- Unapproved Share Option Schemes
- Share Purchase Schemes
- Profit Sharing Schemes
- Save As You Earn Scheme (SAYE)
- Returns:
- Restricted Shares
- Company Cars
- Company Vans
- Parking Levy
- Preferential Loans
- Accommodation
- Travel Passes
- Childcare Facilities
- Other Exemptions
- Anti Avoidance
- Rates:
- 10% Corporation Tax – Manufacturing Relief
- Corporate Group Relief
- Close Companies
- Corporate donations
- R & D Credit
- New Company Start ups
- Payment and Compliance
- Large Companies
- Small Companies:
- New Companies
- Group Companies
- Filing
- Exemption for Disposal of Shareholdings
- Payment Dates for Capital Gains Tax
- Penalties
- Annual Allowance – Plant and Machinery
- Energy efficient equipment
- Lessors
- Motor Vehicles
- Taxis
- Sea Fishing Boats
- Industrial Buildings
- Time Limits:
- Transitional Provisions for Property Incentive Schemes
- Conditions for Transitional Relief
- Tax Life
- Deemed Balancing Event:
- Hotels
- Camping and Caravan sites
- Multi-Storey Car parks
- Nursing and Convalescent Homes
- Palliative care units
- Childcare Facilities
- Student Accommodation
- College buildings
- Private Hospitals/Psychiatric Hospitals & Sports Injury Clinics
- Designated Areas
- Tax Designated Areas
- Urban Renewal Scheme
- Residential Reliefs
- Seaside Resort Areas
- Rural Renewal Relief
- Town Renewal Scheme
- Living Over The Shop (LOTS)
- Park & Ride
- Refurbishment of certain Rented Accommodation
- Mid Shannon Corridor Tourism Infrastructure Investment Scheme
- Property Developers
- Rates
- Inflation Relief
- Roll-over Relief – Business Assets
- Roll-over Relief – Property
- Roll-Over Relief for Individuals –Shares
- Retirement Relief
- Exemptions and Relief
- Payment and Compliance
- Payment Dates for Capital Gains Tax
- Clearance Certificate
- Taxable Inheritance
- Taxable Gift
- Thresholds for CAT
- Rates
- Main Exemptions and Reliefs
- Private Residence Relief
- Business Relief
- Payment and Compliance
- Surcharge for Understatement
- Joint Account Limits
- Non residential property
- Residential Property
- First Time Buyers Relief
- Residential Property – New Rate Structure
- Exemptions & Reliefs
- Clawback of First-Time buyers Relief
- Anti-Avoidance
- Other Rates
- Registration
- Foreign Traders
- Rates
- Section 13A
- Foreign Visitors
- Holiday Homes
- Travel agents margin scheme
- Payment and Compliance
- Cash Receipts
- Anti Avoidance
- New VAT on Property Rules
- Reverse charge mechanism in the Construction Sector
- Partial VAT Rebate on certain Company Cars
Contents
- Guide to Irish Tax
- About the TaxGuide
- Income Tax
- Tax Exemptions & Reliefs
- SELF ASSESSMENT FOR INDIVIDUALS
- Interest Relief for Individuals
- Investment Income
- Employment and Investment Incentive Scheme
- Retirement & Pensions
- Employee Share Schemes
- Benefit in Kind
- Motor/Travel Expenses
- Local Property Tax
- Taxation of Dividends
- Corporation tax
- Capital Allowances
- Capital Gains Tax
- Capital Acquisitions Tax
- Discretionery Trust Tax
- Stamp Duty
- Vehicle Registration Tax
- Value Added Tax
- Pay Related Social Insurance/Universal Social Charge
- Marital Breakdown
- Glossary
- DISCLAIMER