Tax relief for new start up companies
Tax relief for new start up companies
For new start up companies, there is a relief available for the first 3 years not to pay tax on company profits up to €320,000 per year
If a company is loss making in the first 3 years, it may be possible to carry forward the unused tax relief to future years
Relief provided is tied to number of employees employed
Does not apply to service companies like engineering architects etc
Subject to conditions
Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie