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Accounts board - Oliver Niland Chartered Accountant & Tax Specialist Galway Ireland

Tax Returns

Tax Returns - Oliver Niland Chartered Accountant & Tax Specialist - Galway Ireland

New Business

Starting a new business - Start your own business - Oliver Niland Chartered Accountant  & Tax Specialist Galway Ireland

Category: tax relief

Tax relief for new start up companies

Tax relief for new start up companies

Tax Relief for new start up companies If you have started a new company, you may be able to apply for tax relief for start-up companies. This tax relief is a reduction of your Corporation Tax (CT) for the first three years you trade. The relief can be applied to the profits from your new trade and…

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Woodlands

Woodlands

Woodlands You do not have to pay Income Tax (IT) or Corporation Tax (CT) on any profits or gains from the commercial use of woodlands in Ireland. You will still have to pay Pay Related Social Insurance (PRSI) and Universal Social Charge (USC) on your income if you are an individual. You must include any profits, gains or losses that you have made…

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Start-up Capital Incentive (SCI)

Start-up Capital Incentive (SCI)

Start-up Capital Incentive (SCI) SCI is designed to assist start-up companies raise equity or share financing. It is a tax relief available to family members of existing shareholders. The conditions to avail of relief under SCI are: the company must be carrying on a brand new venture none of the shareholders can carry on a…

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