The present system of recovering VAT on business expenses incurred in other EU countries is cumbersome, as it is carried out manually and applications must be made to the Revenue authorities in each country. Electronic processing is being introduced on 1st January 2010. This will enable … [Read more...]
Credit Unions Interest Reporting
October 27, 2009 By
The Revenue commissioners have extended their voluntary disclosure initiative for undisclosed income or funds held in banks and building societies to credit unions. Taxpayers who had €100,000 or more in aggregate in credit union accounts (which included funds not previously declared for tax) at … [Read more...]
Pay and File 2009
October 27, 2009 By
In order to avail of the ROS extended deadline of 16th November, both the tax return and payment must be made through ROS. For those filing a paper form 11, returns must be delivered to the Collector General's office by 9a.m. on Monday 2nd November. In calculating the preliminary tax liability … [Read more...]
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