What is a P21 balancing statement ? A P21 balancing statement is a final statement of your income tax liability for a tax year. It is issued by Revenue when your income tax liability has been reviewed and it shows: your total income from all sources tax reliefs and credits claimed amounts of income tax…
Employing a person to take care of an incapacitated relative ? You may claim tax relief in respect of the cost of employing a person (including a person whose services are provided by or through an agency) to take care of either – a family member (including yourself or your spouse) who is totally incapacitated by…
Tax Free income from lease of farm land A person may be entitled to an exemption from income tax of income arising from leasing of farm land subject to qualifying conditions The farm land must be in the State. Leases between close relatives do not qualify.Lease must be in writing for a definite term of 5…
