Every founder in Ireland knows the 12.5% corporation tax rate. Fewer know that Section 486C of the Taxes Consolidation Act 1997 lets qualifying new companies bring that liability to zero for up to five years of profitable trading. It is not a reduced rate. It is a direct credit against
A thermal paper receipt left in a car, a wallet, or on a sunny desk can fade to a blank strip within a few months, long before Revenue’s six-year retention requirement even gets close to expiring. Most lost-receipt problems aren’t carelessness. They’re a paper format that was never built to
A child inheriting from a parent can receive up to €400,000 tax-free. A grandchild inheriting from a grandparent gets a tenth of that, €40,000, before Capital Acquisitions Tax starts at 33%. That single gap between the two thresholds, not the tax rate itself, is where most Irish families run into
PAYE registration has to happen before the first wage or salary payment goes out, not after. That single ordering mistake, paying someone first and registering as an employer afterward, causes more first-year payroll problems than almost anything else, because it triggers a chain of smaller errors that are harder to
