Practice News

Maximum Weekly Working Hours?

12th November 2018

The Organisation of Working Time Act 1997 states that the maximum average working week for many employees cannot exceed 48 hours. This does not mean that a working week can never exceed 48 hours, it is the average that is important. The average may be calculated in one of the following ways: Over 4 months for most…

Read More

Form 11 Submission for 2017 – Are you required to submit the return?

9th November 2018

Question: I am an employee. In what circumstances would I be required to file a Form 11 for 2017? Answer: An individual who is a chargeable person is required to file a Form 11 for 2017. Potentially every individual is a chargeable person, however, the legislation provides that the following persons will not be regarded…

Read More

Budget Summary 2019

10th October 2018

Budget Summary – Read Today to confirm updates in the Budget for 2019   Some of the changes: – Increased Vat Rates – USC Threshold Changes – Increased Earned Income Tax Credit (Self Employed) – Increase in Minimum Hrly Rate of pay – Increase in Tax Bands (How much you can earn at 20%)  …

Read More

How to claim Tax Relief on Tuition fees paid for third level Education

4th October 2018

You can claim tax relief on fees (including the student contribution) that you have paid for third level education courses. You may be the student, or you may pay the fees on the student’s behalf. You can claim the relief if you have actually paid the fees.     No relief is available for: –…

Read More

YESS – Youth Employment Support Scheme

24th September 2018

YESS – Youth Employment Support Scheme: The Youth Employment Support Scheme (YESS) is a new work experience placement programme which is specifically targeted at young jobseekers aged 18-24 years of age who are long-term unemployed or who face barriers to employment.    The YESS will aim to provide jobseekers with the opportunity to learn basic work…

Read More

Revenue – List of Employees for PAYE Modernisation

27th August 2018

  List of employees to Revenue – Preparation for PAYE Modernisation in 2019 Revenue is asking employers to send a list of employees through Revenue’s Online Service (ROS). This list will ensure that both employers and our records are accurate, up to date and ready for PAYE Modernisation.   The Employee list must include: employees who…

Read More

Fuel Allowance Application Form

15th August 2018

A Fuel Allowance is a payment under the National Fuel Scheme to help with the cost of heating your home during the winter months. It is paid to people who are dependent on long-term social welfare payments and who are unable to provide for their own heating needs. Only one Fuel Allowance is paid to…

Read More

Q3 2018 Newsletter – McMahon & Co Accountants

6th August 2018

Check out our Quarter 3 Newsletter 🙂 Interesting read on: Insurance Incease Sole Trade Q&A Session Grow your money by Investing Tips for Business Start Ups And much much more – READ TODAY – Q3 2018 Newsletter_McMahon & Co Accountants

Read More

JobsPlus Employer Incentive

24th July 2018

JobsPlus is an employer incentive which encourages and rewards employers who employ jobseekers on the Live Register. This incentive replaces the Revenue Job Assist and Employer Job (PRSI) Exemption Scheme from 1 July 2013. It is designed to encourage employers and businesses to employ people who have been out of work for long periods. Eligible…

Read More

New Sectoral Employment Order for Plumbers & Pipefitters

4th May 2018

New Sectoral Employment Order for Workers in the Mechanical Engineering Building Services Contracting Sector   Mandatory changes to the Sectoral Employment Order (Mechanical Engineering Building Services Contracting Sector) 2018 (“SEO”) has been signed into law by Minister Pat Breen  – Effective from 6th March 2018.     The Order provides mandatory terms and conditions in…

Read More