Search Results for 'Tax credit'

The Minister for Finance, Jack Chambers, and the Minister for Public Expenditure and Reform, Paschal Donohoe, presented the fifth Budget of the coalition Government on Tuesday.

The Minister for Finance, Michael McGrath, and the Minister for Public Expenditure and Reform, Paschal Donohoe, presented the fourth Budget of the coalition Government on Tuesday. This Budget was framed against a backdrop of the ongoing war in the Ukraine, concerns about persistent inflation and the perceived windfall nature of corporation tax receipts.

The Minister for Finance Paschal Donohoe presented his fourth Budget on Tuesday. As was well signalled, this Budget was framed against the backdrop of a potential no deal Brexit. Given the current reality of climate change, unsurprisingly climate related initiatives have featured prominently within the measures announced. The details announced also include certain tax increases, limited changes to personal tax, together with targeted measures for SMEs.

At the moment for most people buying a new property or trading up is not an option. However given the added benefit of the Home Renovation Incentive Scheme coupled with a home improvement loan from Castlebar Credit Union your dream home could now be the one you are already in.

Businesses across Mayo are urged to check whether they are entitled to any of the Government schemes available to help start-up, expand, or create new jobs.

Q. My company has incurred significant R&D expenditure during the past few years. The product is now ready to go to market and I hope to be profit-making within two years. Can I claim tax relief for the expenditure incurred to date and how do I claim it? Are there special rules for claiming R&D costs?

Did you know that you have four years to claim tax refunds? Thousands of PAYE workers fail to take advantage of tax breaks available to them annually.

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?