Tax Benefits of buying electric vehicle for your business are: Available on New 100% Electric Vehicles purchased by Ltd Company’s & Sole Traders. Eligible candidates can claim lower of purchase price or €24,000 against trading profits in year of purchase. No taxable BIK on company electric vehicles versus up to 30% on fossil fuel company…
Tax relief on donations to sports donation You may be able to claim tax relief on donations made to your sports body if it is: a revenue approved sports body and the body has an approved project with the Department of Transport, Tourism and Sport (DTTAS). For example a new soccer pitch or track. The…
Claim for car expenses & capital allowances An individual who uses his or her private car necessarily in performance of duties of his employment may claim expenses in respect of the running expenses of the car. These include items such as motor tax, insurance, repairs, services, etc. Only the portion of running expenses relating to…
