Pay and file deadline for Self-employed’s Income tax (for the year 2019) is 31st October 2020.
If you file your tax return and pay tax online (through ROS – Revenue Online System), the deadline is extended till, 10th December 2020.
Category Archives: Income / Corporation Tax
IE | Covid-19 government support for businesses and employees
Irish Department of Employment Affairs and Social Protection’s supports and schemes available for Employers, Employees and Self Employed persons struggling due to the COVID-19 pandemic at this time.
IE | Revenue Mobile App – RevApp
Irish Revenue recently released new mobile app for Apple and Android.
RevApp supports following online services: myAccount, ROS, Receipts tracker, MyEnquiries, Calculators and tools.
IE | How much tax is Irish sole trader paying?
Tables with income and tax deductions for single and married self-employed persons for 2016.
UK | Corporation Tax Rate to Fall
The corporation tax rate will be reduced to 23% in April 2013.
The rate will be reduced to 21% for the financial year commencing 1st April 2014 and 20% for the financial year commencing 1st April 2015.
A simpler income tax scheme will be introduced for small unincorporated businesses from April 2013. Businesses with receipts of up to £77,000 will be able to calculate their profits on a cash basis. They will be able to also use flat rates to calculate certain business expenses.