Tax relief for foreign language and IT course You can claim tax relief on fees that you pay for certain courses in foreign language and information technology (IT). You may be the student, or you may pay the fees on behalf of another person. To qualify for relief, your course must be: a foreign…
Favourite Nephew or Niece Relief You may qualify for Favourite Nephew or Niece relief if you receive a gift or inheritance of business assets. The relief allows the use of the Group A threshold. This is subject to conditions. For the purpose of this relief you are a nephew or niece if you are the child…
What is a qualifying disclosure? A qualifying disclosure is information you give to Revenue if you: have not reported all of your income or gains have made an error on your tax return. This qualifying disclosure may be unprompted or prompted. There is reduced penalties available making qualifying disclosures. Unprompted qualifying disclosure An unprompted qualifying…
