Module
Taxation – Ireland
Taxation – Ireland
Educational material, not professional, tax or legal advice. Figures reflect Irish law as understood when written — check Revenue.ie or a qualified adviser before acting. Not affiliated with or endorsed by any professional body.
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- 01Tax funds choices, not just services
- 02Classify the tax before calculating it
- 03Where Irish tax rules come from
- 04One income, more than one jurisdiction
- 05Avoidance, evasion and ethical mitigation
- 06Individuals self-assess
- 07Companies self-assess by accounting period
- 08Income-tax dates and preliminary tax
- 09Small and large company payment clocks
- 10ROS is a control environment
- 11From assurance check to Revenue audit
- 12Appeal the assessment, not the inconvenience
- 13Interest measures time; penalties measure behaviour
- 14A qualifying disclosure changes the penalty
- 15Residence is counted in days
- 16Ordinary residence and domicile look deeper
- 17Status determines the income-tax net
- 18Irish residents with UK income
- 19Non-residents can still have Irish income
- 20Employee or contractor? Substance wins
- 21Employment income follows the tax year
- 22Employment deductions are deliberately narrow
- 23Mileage, subsistence and PAYE
- 24Benefits turn private value into taxable pay
- 25Company-car benefit uses category and distance
- 26Accommodation, assets, loans and insurance
- 27Share options are taxed at the exercise
- 28Termination payments: separate each component
- 29Three routes to a tax-free ex gratia amount
- 30Trading income uses a current-year basis
- 31Turn accounting profit into taxable trade profit
- 32Pre-trading costs and artists' exemption
- 33Commencement creates special basis periods
- 34Cessation and death close the timeline
- 35Farming smooths volatile years
- 36Plant and machinery earns wear-and-tear allowance
- 37Motor-car allowances depend on emissions
- 38Balancing adjustments finish the asset story
- 39Industrial and farm buildings have their own lives
- 40Choose the trading-loss route deliberately
- 41Early-year and terminal losses look backward
- 42A partnership computes once, then allocates
- 43Split the year when partnership terms change
- 44PSWT and RCT are payments on account
- 45Rental income follows the property, not the bank
- 46Rental allowances and deficiencies stay ring-fenced
- 47Rent-a-room relief has a cliff edge
- 48Savings income: gross first, credit second
- 49Dividends are gross income with DWT
- 50Build the full income-tax computation
- 51Deductions, charges and marginal-rate relief
- 52Personal credits cap the tax, not the facts
- 53Couples can choose the assessment framework
- 54Marriage, separation and maintenance change allocation
- 55Personal pensions earn age-related relief
- 56Occupational pensions and couple planning
- 57The accounting period is the tax container
- 58Company residence sets the tax horizon
- 59Adjust company profit by source
- 60Pre-trading relief and capital allowances
- 61Company rental income remains Case V
- 62Carry-forward loss stays with the trade
- 63Current, prior and terminal company losses
- 64Late filing shrinks usable relief
- 65Rental deficits and charges follow their own rules
- 66Two corporation-tax rates, one clear proforma
- 67Start-up relief rewards a new qualifying trade
- 68Franked investment income is not ordinary profit
- 69Dividend withholding tax follows the shareholder
- 70Three withholding systems, three purposes
- 71Corporation-tax planning uses timing and character
- 72A 75% group can surrender trading loss
- 73CGT groups transfer without immediate gain
- 74Interest and royalty groups use a different threshold
- 75The complete company computation tells one story
- 76CGT begins with person, asset and location
- 77Specified and exempt assets define the boundary
- 78The gain formula is a disciplined bridge
- 79Capital losses need their own ledger
- 80Spouses defer; connected persons use market value
- 81Part disposal uses A over A plus B
- 82Development value is ring-fenced
- 83Chattels have a EUR 2,540 gateway
- 84Negligible value crystallises a real loss
- 85Principal-private-residence relief follows occupation
- 86Business and letting periods reduce PPR relief
- 87A garden can contain development value
- 88Share gifts use market value; disposals use identification
- 89Bonus and rights issues reshape the share cost
- 90Takeovers can roll a gain into new paper
- 91A paper loss needs a real economic disposal
- 92Individuals pay CGT in two windows
- 93Entrepreneur relief lowers the rate, not the discipline
- 94The purchaser can withhold CGT
- 95Companies compute gains inside corporation tax
- 96A site for a child can pass with relief
- 97LPT taxes Irish residential property
- 98The liable person follows ownership and long leases
- 99Exempt property still needs evidence
- 100Value the property honestly
- 101High-value LPT uses three slices
- 102Deferral postpones payment, not liability
- 103PRSI connects contributions to social insurance
- 104Class S uses 4.1% with a minimum
- 105Class A1 has employee and employer sides
- 106Class K reaches specified unearned income
- 107USC starts with a broad income base
- 108USC uses four bands and one surcharge
- 109VAT taxes supplies, not profit
- 110Registration thresholds use rolling turnover
- 111Pre-registration recovery has time limits
- 112Output minus input gives the VAT return
- 113The tax point decides the period
- 114One supply or several?
- 115The two-thirds rule can turn service into goods
- 116A VAT invoice is evidence and a control
- 117Value the supply at what the customer gives
- 118Some input VAT is blocked
- 119Bad-debt relief reverses VAT never collected
- 120Borders change who accounts for VAT
- 121VAT errors bring interest and penalties
- 122Cash basis and annual accounting change timing
- 123Open the exhibit before opening the spreadsheet
- 124A spreadsheet should reveal the tax logic
- 125Navigation is part of time management
- 126Present the answer a reviewer can trust
- 127Congratulations on completing the module