Permanent Health Benefit contributions (aka income protection payments) You might take part in a scheme to have your income continue if you are absent due to illness or injury. The schemes, also known as income continuance plans, can be: group schemes or individual policies, and will have a Revenue registered number approved or unapproved by…
Who should register for Income Tax self-assessment? You should register for Income Tax self-assessment if: you are self-employed your only or main source of income is: rental income investment income foreign income including foreign pensions maintenance payments fees that are exempt from PAYE you have profited from share options or share incentives. You do not need to register…
Why has my deduction rate changed for RCT ? If you are a subcontractor in the construction industry, you are subject to a RCT rate of either 0%, 20% or 35% on any payments from principal contractors. On the 6 April 2019 Revenue ran the first RCT Bulk Rate Review (BRR) of 2019. The BRR…
