If you haven’t filed your income tax return, delaying further will only compound the damage, The Sunday Business Post reminds us.
Posts Tagged ‘taxation’
Landowners who reaped bonanza payments from compulsory purchase orders (CPO) in the Celtic Tiger years can expect a call from the Revenue, The Sunday Business Post reports.
They may not be politically popular in the current climate of austerity where everyone is feeling the pinch, but maintaining and improving tax incentives for business must remain a core component of industrial strategy, Kevin McLoughlin, head of tax services with Ernst & Young, opines in The Sunday Business Post.
Taxation changes will not be agreed by government until next week, with the spending cuts being decided first, according to The Sunday Business Post.
JP McManus, the Switzerland-based businessman, has told The Sunday Independent his decision to live abroad had nothing to do with tax avoidance.
“I didn’t leave this country for tax purposes; I left because I wanted to set up a business abroad. I paid my taxes before I left the country in full. I didn’t leave to avoid paying tax or any future tax or anything like that,” he said.