Your Tax Return Expert
Oliver Niland is a qualified accountant with over 15 years business experience. Oliver can offer advice in terms of managing your business or if you are a start-up he can advise you on the best way to organise your finances.
Switching accountants can make a major difference to your business. As your business grows your needs change and you need an accountant with a long term view of your business.
Starting a business can be challenging but having the right accountant can help you focus on the important areas of your business.
Subsistence Expenses You may repay your employee or directors expenses for their subsistence costs while they are temporarily away from their normal place of work. For absences within the State this payment can be made, tax free, by either: using the current schedule of Civil Service subsistence rates use other rates not higher than Civil
Leasing farm land – Tax Relief You may claim Income Tax (IT) relief on certain income that you earn from the long-term leasing of your farm land. Your farm land must be in Ireland and the tax relief cannot operate to create a loss. You cannot lease your land to a close relative. You should use the Revenue
Deed of Covenants – Tax relief A Deed of Covenant is a legally binding written agreement to pay an agreed amount to another person. You must not receive any benefit in return for paying this amount. The deed must be properly drawn up, signed, witnessed, sealed and delivered to the covenantee to be legally effective.
