If you travel to your rental property to inspect it or to carry out repairs. Can you claim for travel expenses for same? The cost of travelling to your let property is only allowable if the journey is undertaken wholly and exclusively for the purposes of earning rental income from the property. There can be no element of…
If so, the start your own business relief may apply to you – The Start Your Own Business scheme provides for relief from Income Tax for long term unemployed individuals who start a new business. The scheme will provide an exemption from Income Tax up to a maximum of €40,000 per annum for a period…
CGT is a tax on capital gains arising on the disposal of assets owned by you. At its simplest, deducting the price you paid for an asset when you acquired it from the sale proceeds when you dispose of it gives you the chargeable capital gain. Example You purchase shares in January 2015 at a…
