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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

Start up/ New Business

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

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Made a mistake on your tax returns ? How to correct ?

Made a mistake on your tax returns ? How to correct ?

Self-Correction without Penalty What happens if you make a mistake ? To encourage taxpayers to regularly review their taxes on a on-going basis, Revenue will allow taxpayers ‘self-correct without penalty’ any return, subject to the following conditions 1. the taxpayer must notify Revenue of the adjustments to be made [either in writing or electronically through…

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Receiving a gift of foreign property

Receiving a gift of foreign property

Receiving a gift of a foreign property You might receive a gift of a foreign property, or inherit one. If so, you may have to pay Irish Capital Acquisitions Tax (CAT) on it. This will happen if you, or the person that you receive the property from, are resident, or ordinarily resident, in Ireland. A certain amount of…

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