News Publications & Press Releases

Keep up to date with best practices, news publications and press releases from Crowleys DFK.

VAT treatment of transactions

VAT and Payment Services

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The Revenue Commissioners have issued guidance which sets out the VAT treatment of transactions concerning the transfer of money. Guiding Principles Transactions are defined according to the purpose and nature of the service provided and…
preparing for gdpr

Preparing for General Data Protection Regulation (GDPR)

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The General Data Protection Regulation (GDPR) will come into effect from May 2018 replacing the existing data protection framework. Are you preparing for GDPR? Here are 10 tips to consider: 1. Have you created awareness? Staff should…

Court of Appeal holds that NPPR Charge is not Tax-Deductible

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The Court of Appeal has overturned last year’s High Court ruling and has agreed with Revenue that the Non Principal Private Residence (NPPR) charge is not a deductible expense for landlords against rental profits. The annual NPPR charge…
VAT treatment of transactions

Budget 2018 - VAT Compensation Scheme for Charities

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Budget 2018 introduced a Charities VAT Compensation Scheme. This will take effect from 1 January 2018 but will be paid one year in arrears i.e. in 2019 charities will be able to reclaim some element of the VAT costs arising in 2018. Charities…

Budget 2018 Highlights

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Personal Tax Cuts to the two middle rates of Universal Social Charge – 2.5% rate cut to 2%; 5% rate cut to 4.75%.   Incomes of €13,000 or less are exempt from the USC. Otherwise, rates are as follows: Income €                      Rate 0-…

Our Analysis of Budget 2018

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    Budget 2018 was delivered by Minister Donohoe in the continuing context of an Irish economy in good shape and with strong and sustainable future growth predicted.  However, with potential Brexit headwinds forecast and…
rent a room relief

Rent a Room Relief

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Are you aware of the rent a room relief? If you let a room in your home, the income you receive may be exempt from tax. If your gross rental income does not exceed the exemption limit below, you do not pay Income Tax, Pay Related Social Insurance…
vat treatment of education and vocational training

VAT Treatment of Education and Vocational Training

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Finance Act 2015 amended the VAT treatment of education and vocational training. The amendment was to ensure that Irish VAT legislation reflects judgements of the Court of Justice of the European Union. The wording of the amended legislation…
companies act 2014

Companies Act 2014

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The Companies Act 2014 commenced on the 1st June 2015. The Act consolidates and reforms existing Irish Company Law into a single piece of understandable legislation, bringing changes that will affect every company. We set out as follows what…