Disadvantages of being a Sole Trader The Disadvantages Many may be fortunate to work for themselves. It has its advantages, allowing sole traders to make executive decisions around working hours and profits. In Ireland, some advantages may include: 1. No requirement to file annual returns with the CRO. 2....
Happy New Year from Accounting Pro To all our Contractors and Agencies, Accounting Pro would like to wish you all a Happy New Year and prosperous 2018. We would like to extend an opportunity to you all to get in contact with us regarding new offers with respect to...
Are You Entitled to a Tax Refund? Life can all become quite expensive, taking some time to catch up with holidays, Christmas and New Year. Many fail to realize, they can claim a tax refund for the last four calendar years. It’s as simple as registering on revenue.ie as...
Director Umbrella Companies: The Danger A Director Umbrella Company enables a Contractor to become the Director of a Limited Company, usually a Shelf or Established Company for the purpose of invoicing an agency on their behalf. This is an attractive option as the Contractor incurs no set-up fee, but...
Up To €25,000 in Nursing Home Reliefs Many families are unaware that there are up to €25,000 in reliefs available to those paying fees and medical expenses for relatives in nursing home facilities. These costs can range from €50,000 to €80,000 per year. Many are missing out on the...
Taxation and Medical Expenses If you pay medical expenses that are not covered by the State or by private health insurance, you may claim tax relief on some of those expenses. These expenses include the costs involved in nursing home care. More information is available about tax relief on...