self employed

Almost 20,000 self-employed people face hit on income tax bill for failing to pay property tax

Almost 20,000 self-employed people have taken a hit on their income tax bill for failing to pay the Local Property Tax. Self-employed people who do not paythe property tax incur a surcharge of up to 10% on their total income tax bill. This potentially leaves…

Disposable income in Irish households up 2.5%

General, Home, Mortgages & Money

The disposable income of Irish households rose by 2.5 per cent last year as a result of higher wages and increased profits of the self-employed. Figures published by the Central Statistics Office (CSO) show households’ gross disposable income rose to €86.27 billion last year, up from €84.19…

No tax clearance cert for those who fail to pay property tax

General, Home, Mortgages & Money, Property News

Tax clearance certificates will not be issued to self-employed workers if they fail to pay the new property tax. The Revenue Commissioners have been granted authority to veto tax clearance certs for individuals who are found not to have paid the new tax – which…