Red Oak Tax Refunds Blog

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

Credit Union Loans for Home improvement

Tax Relief on Home Improvement Loans
Did you know you can claim tax relief on the interest paid on a loan used by you to purchase, improve, repair or develop your main residence or to pay off another loan used for that purpose?  We have previously discussed Mortgage Interest relief but not many people know that [...]

Lies, Damn Lies – and politicians quoting EuroStat

“50% of Workers not paying any Income Tax”
This little snippit of fact has been one of the most frequently  quoted up and down the country by Politicians in this last month.  We hear it quoted as from the Commission for Taxation Report, or as being sourced from EuroStat Reports, EuroStat being an EU agency providing statistical reporting [...]

Medical Expenses Abroad & Tax Relief

Have you been abroad for medical Treatment? Many foreign nationals working in Ireland travel back to their home EU country for any required medical treatments. And of course, medical tourism abroad for Irish people is a huge business judging by the number of foreign doctors advertising here.  We discussed Tax Relief claims for Medical expenses abroad in [...]

Looking into Medical Expenses

We all know that an apple a day keeps the doctor away but sometimes we all need some medical treatment regardless. Most people are aware that people who pay tax are entitled to offset a certain amount against doctor bills, prescriptions, hospital visits, etc. (if you’re not check here). As medical expenses tax relief is [...]

Single Parents Tax

Wednesday Club on Single Parents Tax Credit
Aaaaah, the Single Parent Tax Credit.  This is the tax credit that causes the most consternation in our office.  Bit like some Blur song I can’t quite remember the name of, you have people getting it that shouldn’t and people that should, not getting it.
And this isn’t some piddling [...]

Property tax in next budget?

You have to pay attention when the Irish independent reports the government is considering a Property tax.  Enda Kenny fresh from sorting out his own house, set about challenging the government on this suggesting that he was “flying kites” and presenting “straw men” through the media.  A blustery day obviously affecting his choice of words [...]

What’s a Principal Private Residence then?

Principal Private Residence – Why it matters
What’s your Principal Private Residence?  This has massive tax implications across many areas of tax.  In our experience this causes a lot of confusion.
 
What is it
According to Paul Young, wherever he lays his hat, that’s his home.  There’s a bit of all of us who like that defination, but [...]

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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!.

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