TAX RELIEF FOR SUPPORTING PARENTS ? You may claim this credit if you maintain a relative at your own expense. You can claim for your relative, or a relative of your spouse or civil partner. Maintaining a relative at your own expense means meeting the costs of everyday living. You must substantially maintain your relative…
Can I give my employee a tax free gift ? From 1 January 2022, you can give employees up to two small benefits, tax free, each year. These benefits must not be in cash and the combined value of the two benefits cannot exceed €1,000. If more than two benefits are given in a year,…
Can I claim for expenses before my business starts to trade ? A tax deduction is available in respect of pre-trading expenses which are incurred in the three years prior to commencement of your new trade or profession, Only pre-trading expenses which were wholly and exclusively laid out or expended for the purposes of the…
