Receiving a bonus is a great way to reward yourself for hard work, but did you know your bonus could be heavily taxed? In Ireland, bonuses are subject to various taxes like income tax, PRSI, and USC, which can reduce your take-home amount. In this blog post, we will explain everything you need to know about how bonuses are taxed...
Renting a room in your home can be a great way to earn extra income, but did you know it could also be tax-free? The rent-a-room relief scheme is a popular option for homeowners in Ireland who want to rent a room without the hassle of paying extra taxes. In this blog post, we’ll cover everything you need to know...
Wondering how PRSI benefits can work for you in 2025? Whether you’re looking to learn about pensions, unemployment benefits, or health-related payments, we’ll break down everything you need to know in a simple, straightforward way. In this blog post we will cover: What does PRSI cover? Who can claim PRSI benefits? How to check if you’re eligible for PRSI benefits? ...
Budget 2025 took place on Tuesday October 1st. Our qualified Tax Experts here at Irish Tax Rebates will be comprehensively reviewing the 2025 Budget announcements and their implications for our clients. Budget 2025 Highlights for PAYE workers. The standard rate of income tax cut off point for the 40% tax band is to be increased, bringing the entry point from...
As a PAYE worker, knowing the important tax dates is crucial so you ensure you pay the right amounts of tax, at the right time. And individuals in Ireland must be aware of these important tax dates to avoid penalties and ensure compliance, so here’s a comprehensive timeline to help you navigate the calendar of key dates throughout the year....
Ireland’s maternity benefits are designed to offer crucial support to expecting mothers and new mothers who are on maternity leave. It is important for these individuals to have a clear understanding of their entitlements, the application process, and other essential aspects related to the benefits. This knowledge can be immensely helpful in ensuring that expecting and new mothers can navigate...
Understanding the significance of our tax clearance certificate is pivotal in ensuring your tax affairs are in order. But who is entitled to a tax clearance certificate? How do I get a tax clearance certificate? Join us as we explore what a Tax Clearance Certificate is, why it’s important, and how you can obtain one! What is a Tax...
In recent years, one of the most notable changes to the PAYE system has been the phasing out of the traditional P60 form, a document that used to serve as an annual summary of income and deductions. It has been replaced by the Employment Detail Summary. But what is the Employment Detail Summary? How do I get an Employment Detail...
Are you making maintenance payments but not sure if you are eligible for tax relief? You’re not alone. We understand that navigating through every tax implication can be challenging and often receive queries like ‘Can I claim tax relief on maintenance payments?’ or ‘Are maintenance payments to my spouse taxable?’ But we here at Irish Tax Rebates are here to...
If you’ve ever wondered about the ins and outs of Mortgage Interest Tax Relief, you’re in the right place. Over the past while, there had been calls for the reintroduction of this relief, sparking debates on its potential impact. But what is it, and how does it work? Am I entitled to the mortgage interest tax relief? How can I...
Understanding Income Tax Income tax and the Irish tax system in general can be confusing for many, but fear not – we here at Irish Tax Rebates are here to simplify it for you. Whether you’re curious about how to calculate income tax, want to understand the various income tax bands and rates in Ireland, or seek clarity on special...
