Local Property Tax (LPT) is a yearly self-assessed tax based on the market value of residential properties in Ireland. It applies to all owners of residential properties, including any buildings or parts used as accommodation. LPT has been in effect since 1 July 2013 and is collected by the Revenue Commissioners. The revenue generated from local property tax in Ireland...
What if you couldn’t work due to illness or injury? Income protection provides vital security, and here in Ireland, you can get tax relief on your income protection, making this important cover more affordable. At Irish Tax Rebates, we cut through the noise to help you understand and claim what’s yours. We’ve answered your top questions about income protection tax...
Many people mistakenly believe that tax credits are automatically applied by Revenue. Unfortunately for them, this is not always the case, which means they might not receive tax back that they are owed for medical procedures or tuition fees etc. Are tax credits automatically applied? The most common tax credits that Revenue automatically applies are the basic personal tax credit...
Are you a healthcare worker? If so, this one’s for you! Every year, thousands of tax credits go unclaimed. During our tax reviews, we have found this to be especially true for medical and healthcare professionals. Our tax rebate customers in the healthcare sector include doctors, nurses, healthcare assistants, occupational therapists, laboratory technicians, home carers and many others. That’s why...
If you’re a public sector worker in Ireland, understanding civil service subsistence rates is key to ensuring you’re reimbursed fairly for your work-related travel expenses. Whether you’re travelling overnight for a meeting or using your vehicle for work trips, there are allowances available to help cover costs like accommodation, meals, and mileage. In this blog post, we walk you through...
New Registration Process for PAYE Customers What is Changing? In order to appoint Irish Tax Rebates as your agent to manage your tax affairs, there’s a new process you need to follow. Revenue has introduced a digital system called e-Linking, which adds an extra step to securely grant an agent access to your tax records. Key Changes: Previously, you signed...
PRSI (Pay Related Social Insurance) is an essential part of the Irish social welfare system, providing benefits like pensions, unemployment payments, and illness benefits. If you’re working in Ireland, chances are you’re paying PRSI, since it is a mandatory contribution to anyone employed in Ireland over the age of 16. These contributions go into the Social Insurance Fund (SIF), which...
Understanding benefit in kind (BIK) can be tricky, whether you’re an employer offering perks or an employee receiving them. From company cars to meal vouchers, there’s a lot to know about what’s taxable, what’s exempt, and how it affects your payslip. In this guide, we will break down the most common BIKs, the tax rules you need to follow, and...
A payslip is a document provided by your employer that outlines your earnings and deductions for each pay period. It shows everything from your gross pay and taxes to social insurance and pension contributions, giving you a clear breakdown of how your salary is calculated. In this guide, we’ll help you understand the key elements of your payslip, including common...
Becoming a parent is an exciting and life-changing experience, but it can also come with financial and logistical challenges. In Ireland, Paternity leave provides fathers and partners with the opportunity to take time off work after the birth or adoption of a child, helping to ease those early days of parenthood. This guide covers everything you need to know about...
As we age, managing finances can get tricky, especially when living on a fixed income. Ireland offers tax breaks like the age tax credit to help ease this burden if you are 65 and over. This credit reduces the amount of income tax you pay, allowing you to keep more of your money for important expenses like healthcare, living costs,...
