CAN I USE A LOSS ON MY TRADE AGAINST OTHER INCOME ? Yes, it’s called S.381 loss tax relief If you are self-employed or part of a partnership and you make a loss in a tax year, you can offset that loss against your other income such as P60 or rental income. This could generate…
Claim for car expenses & capital allowances An individual who uses his or her private car necessarily in performance of duties of his employment may claim expenses in respect of the running expenses of the car. These include items such as motor tax, insurance, repairs, services, etc. Only the portion of running expenses relating to…
Covid 19 Restart grant The covid-19 restart grant is now open since last Friday and closing date is 31st August 2020 See below link to your relevant city or county council rate authority to begin application https://dbei.gov.ie/en/What-We-Do/Supports-for-SMEs/COVID-19-supports/COVID-19-Restart-Grant-Local-Authority-Websites.html The Grant Programme is devised as a contribution towards the cost of re-opening or keeping a business operational,…
