Red Oak Tax Refunds Blog

Latest News on Income Tax, Tax Refunds and money matters in Ireland

Tax Refunds for Management Fees

Are you Renting or a Home owner and paying management fees?
Not all of your apartment or home management fees are worth a tax credit, but they could still be worth a few quid.
If your management fee includes the cost of waste disposal or a charge for water or sewerage, then you could be able to [...]

Medical Insurance tax credit

Probably the least understood of the common Tax Reliefs is the Medical Insurance Tax Relief – so many people miss out on this tax relief!
How does it work?
If you pay for Medical Insurance to an Insurer direct or through your employer, you will receive this relief at source. i.e. your premium is reduced, so you [...]

DWT Dividend Tax Exemption for Over 65’s

What is DWT
DWT, or Dividend Witholding Tax, is deducted from dividends paid by Irish companies. If you are in receipt of Irish dividend income, DWT is deducted at 20% – this is taken out of the dividend you have received, which you can confirm in your dividend certificate. This 20% is then used as an offset against your income tax liability.

Tax on ISEQ ETF Dividends

While most dividends are taxable in Ireland at your highest rate of tax, one very popular dividend paying investment in Ireland does not. However, many people will miss out on this advantage if they do not complete there tax returns correctly and could easily overpay on tax.
With the ISEQ 20 ® ETF, the rate [...]

Are you paying the Income Levy when you should be Exempt?

The Income Levy was introduced for 2009 and within 4 months was doubled for most people in the April 2009 Budget.  But should you be paying Income levy?
It’s worth checking if you are exempt from the income levy.  You are exempt from the income levy if:

Your income for a year does not exceed €15,028 p.a.
You [...]

red_oak

About

Welcome to the Red Oak Tax Refund Blog, where we will discuss money matters, tax and in particular tax refunds relating to PAYE employment in Ireland. If you have any topics you would like discussed, send us a mail to refunds@redoaktaxrefunds.ie and happy reading!.

Talk to us now!

Social Media



Search

Admin