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Revenue has updated Part 15 of the Tax and Duty Manuals to include changes introduced in Finance (No.2) Act 2013 to reflect the restriction of relief on qualifying medical and dental insurance premiums to €1,000 per adult and €500 per child for policies renewed or entered into on or after 16 October 2013.

It also notes that the Age-Related Tax Credit for medical insurance premiums ceased with effect from 31/12/2012. Community Rating or Risk Equalisation is now applied to premiums at ...

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STATEMENT OF THE MINISTER FOR FINANCE

MR. MICHAEL NOONAN, T.D.

5th DECEMBER 2012

Introduction

A Cheann Comhairle,

Budget Day is a good day for taking stock of where we are, so let us take stock. In the second half of this year, the NTMA has raised over €7 billion in the markets. The Bank of Ireland, ESB, Bord Gais and AIB have all raised funds for the first time in years. This year the IDA has announced 84 projects set to create some 8,650 jobs. ...

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The 3 year loss rule for the self-employed who are farmers.

If you are registered for self-assessment, have made a loss on your business for the last 3 years, but chose to offset this loss against PAYE tax paid, this article will be of interest.
If you file your own returns or the person filing the return for you does not fully understand ROS you could have an issue. The issue, I feel, is due to a flaw with the ROS ...

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Many of my clients are delighted to see zero as their tax liability at the end of the year. The last thing most people want these days is another bill..

But its all very well having no tax to pay, but if you have no PRSI to pay, and you dont make a voluntary contribution, you are losing out on your opportunity to pay into the state pension.

For as little as €253 you ...

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Brief explanation of some terms you would prefer not know !

Seizure of Assets by Sheriff (IE County Registrar).
Execution Order is served on the Sheriff directing him to seize goods to the value of the debt.
Rarely successful – thorny question of who actually owns the goods ie wife, parents etc.
Also the goods might be borrowed.

Attachment Order
Debtor obtains an attachment order of Garnishee Order directing that money (ie rent, salary. Pension etc.) to which the debtor is ...

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