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Author: red-admin

TWSS and your 2020 tax return

If you were in receipt of the TWSS employment subsidy in 2020, it will have a significant impact on your tax result (large potential underpayments), what steps you should take to deal with it and the timing of your tax return. TWSS Explained To illustrate the effects of the scheme on your end-of-year results we
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2021 Payslip Changes

2021 Payslip Changes Below we detail some of the 2021 Payslip Changes that may occur for you based on the recent Budget 2021 and how they will affect your payslip in 2021. The Budget was announced on the 13th of October 2020 and there are also some changes that tax payers may not be aware
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Stay and Spend Scheme – Will there be a post lockdown splurge?

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Where are we at with the Stay and Spend? On Thursday the 3rd December Ireland is due to come out of a level 5 lockdown after 6 weeks.   Hurrah!  Part of the lockdown involved all “eat-in” food establishments closing or moving to take out service only,  and all accommodation providers closing, or only being available
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Budget 2021

Budget 2021 Each October the Government announces how it intends to raise money and spend it in the following year – like a personal budget, but for the country as a whole. This Budget covers how we chose to raise money, primarily through taxation and duties.  It also plans how we intend to spend the
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Feeling guilty about your DIY tax skills? Don’t be

Before getting married, my wife and I had to go on a marriage preparation course. This is where you ‘explore’ how well you know each other and what you expect from the other person. When the topic of DIY skills came up, my wife snorted with laughter. You see, I’m the type of guy who’ll
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2020 Payslip Changes

2020 Payslip Changes Below we detail some of the 2020 Payslip Changes that may occur for you based on the recent Budget 2020 and how they will affect your payslip in 2020. The Budget was announced on the 8th of October 2019 and there are also some changes that tax payers may not be aware
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Paye Modernisation

PAYE Modernisation It’s likely you may have already heard of the term PAYE Modernisation since it was first announced in Budget 2017. Revenue billed it as the ‘most significant reform of the PAYE system since its introduction in 1960’ at the time and that is exactly what it has been. Most employees and employers probably
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