Practice News

Tax Tip: EII Scheme

16th February 2017

EII Scheme – Employment and Investment incentive The Employment and Investment incentive (EII) scheme is an income tax relief for investments in certain types of company. The scheme gives investors an income tax deduction on investments up to a maximum of €150,000 in a tax year. You initially get relief at 30% with a further…

Read More

Round Towers GAA Club Kildare Town Presentation:

9th February 2017

Round Towers GAA club Kildare Town Presentation: Frank McMahon Chairman of Round Towers GAA club Kildare Town presents a framed medal marking the centenary of the Easter Rising to Michelle Kemmy the manager of Kildare Town Credit Union. The medal was presented to participants in the Round Towers GAA 5k run and fun run last…

Read More

Paternity Benefit

31st August 2016

Paternity Leave Entitlement: With effect from 1 September 2016, new parents (other than the mother of the child) are entitled to paternity leave from employment or self-employment following birth or adoption of a child – see ‘Rules’ below for who is eligible. The Paternity Leave and Benefit Act 2016 provides for statutory paternity leave of…

Read More

(Q2) Frank McMahon & Co Newsletter

4th May 2016

Q2-2016_Frank McMahon & Co Newsletter

Read More

Change in National Minimum Wage – 2016

12th January 2016

Change in National Minimum Wage – 2016 Since 1 January 2016, under SI 442/2015, the national minimum wage for an experienced adult employee has increased to €9.15 per hour from €8.65 per hour. An experienced adult employee for the purposes of the National Minimum Wage Act is an employee who has an employment of any…

Read More

Home Carer’s Tax Credit Entitlement – Increase for 2017

20th November 2015

Home Carer’s Tax Credit – Increase in 2017 A Home Carer’s Tax Credit is a tax credit given to married couples or civil partners (who are jointly assessed for tax) where one spouse or civil partner works in the home caring for a dependent person. The tax you are liable to pay is calculated as…

Read More