US Social Security Pensions A Irish resident in receipt of a United States social security pension is chargeable in Ireland on such pension for income tax purposes. The pension should be declared on your annual tax return. If you have other income which is subject to PAYE your tax credits will be reduced by the amount…
What is a small gift exemption ? The first €3,000 of the taxable value of a taxable gift taken in a calendar year is exempt. The beneficiary gets one exemption for each donor. The person who receives gets one exemption for each person who gives a gift. For example: You take €3,000 from each of four grandparents…
How will I receive the HRI tax credit? The HRI tax credit will be included in your tax credits over two years. Your tax credit is 13.5% of the qualifying expenditure before VAT. It will begin in the year after the work is carried out and paid for. For example: You hired a builder to…
