Tax relief for co-habitating couples If you are living with another adult and in a committed relationship with them, you are cohabiting. Revenue assess cohabiting couples as single individuals. Maintenance Payments If your relationship ends you may be able to claim tax relief in respect of maintenance payments and property transfers which you make to your former…
Tax Debt Warehousing for 2019 Income tax bills Under the recent budget, the tax debt warehousing scheme will be extended to include TWSS repayments owed by employers. The tax debt warehousing scheme will also be extended to include the balance of tax due for 2019 and preliminary tax due for 2020 for self-employed individuals in…
What is preliminary tax? Preliminary tax is your estimate of the Income Tax, Pay Related Social Insurance (PRSI) and Universal Social Charge (USC) that you expect to pay for a tax year. You must pay this by 31 October of the tax year in question. You must make sure that you do not under pay your preliminary tax, or…
