Home Expenses for employees Employees who work from home will incur certain expenditure in the performance of their duties from home, such as additional heating and electricity costs. Revenue allows an employer to make payments, up to €3.20 per day to employees without deducting PAYE, PRSI, or USC. This does not prevent an employee making a…
Tax relief at source on mortgages ? Tax relief is available in respect of interest paid on a qualifying loan, taken out on or after 1 January 2004 and on or before 31 December 2012, which was used to purchase, repair or improve a qualifying residence. Taken out prior to 31 December 2012 means that…
Entrepreneur relief provides relief from a future Capital Gains Tax liability for entrepreneurs who invest the proceeds of an earlier disposal in respect of which Capital Gains Tax was paid, in a new business venture, which are subsequently sold. The relief is in the form of a tax credit against any Capital Gains Tax liability on…
