Whoever said PRSI was just another stealth tax can eat their words! Er, well maybe not – but there is a hidden entitlement that most of us are unaware of and so, are missing out on a freebie from the government. And who doesn’t love a freebie?!
Image via thejournal.ie
Before you get all excited though, it’s probably the thing that we all dread most – a trip to the dentist! And, by paying PRSI you are actually entitled to a
I was reading an excellent article by Lorraine Courtney in the Irish Independent yesterday which talked about being penalised financially for being single. As a single person, this got me thinking about how we singles are being treated for tax purposes and what is actually available to us to minimise the blow from Revenue.
So, I had a little chat to our Tax team to see exactly what is out there for me and my fellow singletons!
It’s not just a Job
OK,
With the introduction of the new Home Renovation Incentive (HRI) Online System last month, some of the burden on the homeowner has been lifted. Last month, we reviewed the Home Renovation Incentive (HRI) and took a rather harsh view of the responsibilities imposed on the homeowner in order to claim the tax credit. Since then, the new HRI Online System has been launched and is meant to make the process a whole lot simpler. But, there’s still a few areas
Last month, we published an article on the Home Renovation Incentive Scheme which commented on some of the challenges the new scheme posed for tax payers. Since then, Revenue has released new positive developments in the scheme which aim to make the process simpler for homeowners. They got in touch with us last week to explain the key changes, as outlined in their response to our article below.
From our perspective, the main change is that the onus is no longer on the