Revenue is subjecting 1,600 businesses to detailed reviews as part of a compliance sweep on employers who used the Temporary Wage Subsidy Scheme (TWSS) between March and August.

“We thought we’d see more take-up,” said Marian Ryan, consumer tax manager with Taxback.com

“At the time these schemes were introduced, everybody applied for every one going. Now that people are back up and running, they don’t want to be pushing up their tax bills for the future.”

https://www.independent.ie/business/irish/1600-firms-that-used-pandemic-subsidy-face-checks-by-revenue-39904912.html

New research conducted by Taxback.com found just 5% of employers of Ireland’s remote workforce are paying the tax-free expense of €3.20 per day.

It was brought in for so-called e-workers to help with added costs incurred as a result of working from home, such as electricity and internet bills.

Meanwhile, 33% of respondents said they had never filed a tax return and 27% would only do this if they had a large expense.

https://www.irishmirror.ie/news/irish-news/irish-people-working-home-could-23230847

According to Taxback.com, thousands of workers who were placed on the Temporary Wage Subsidy Scheme (TWSS) now face tax bills of potentially thousands of euro, which could come as a “major shock” to some.

https://www.independent.ie/business/irish/employers-pay-back-tax-for-twss-staff-after-revenue-clarification-39851771.html

Marian Ryan, consumer tax manager with Taxback.com says that employers are entitled to pay employees up to €3.20 a day tax free while working from home. This can be paid tax free, so is really quite a valuable benefit. Similarly, if your employer provided you with a desk or computer, or paid for your broadband or telephone, a benefit in kind charge won’t arise.

https://www.irishtimes.com/business/personal-finance/working-from-home-get-some-tax-back-in-five-steps-1.4400142?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fbusiness%2Fpersonal-finance%2Fworking-from-home-five-steps-to-claim-your-tax-back-1.4400142

Marian Ryan, Consumer Tax Manager, Taxback.com, says your solicitor may be referring to Capital Gains Tax (CGT), which is payable on any profit you make on the disposal of an asset. There is normally a derogation given if that ‘asset’ is your principal private residence (PPR), which is generally exempt from CGT.

https://www.independent.ie/business/personal-finance/home-economics-our-property-finance-expert-answers-your-questions-39712824.html

“There’s an extra four weeks there for people to get their taxes in order, which is great,” said Marian Ryan, consumer tax manager at Taxback.com. “The self-assessed are trying to keep their doors open, trying to keep themselves afloat so throw a tax deadline and paying a tax bill on top of that and the stress would go through the roof.”

https://www.rte.ie/news/business/2020/1017/1172112-tax-return-covid/

So what happens to your home under the Fair Deal? “The main property where you live is only included in the financial assessment for three years of the care. This is known as the 22.5 per cent or ‘three-year cap’,” says Marian Ryan of Taxback. com. “After three years, you will not pay any more based on the value of your home.” This applies even if you are still getting long-term nursing home care.

https://www.irishtimes.com/life-and-style/homes-and-property/fair-deal-nursing-home-scheme-and-the-family-home-how-does-it-work-1.4366515

According to 2019 figures, Taxback.com say that those earning less than €35,300 will gain an effective saving of 28.75% (20% IT, 4.50% USC and 4% PRSI) of the cost of the bike.

While those earning over €35,300 will save at least 48.50% of the cost of the bike/equipment.

https://www.rsvplive.ie/news/bike-work-scheme-2020-qualify-22717484

In a recent survey conducted by Taxback.com, more than half of the 2,500 respondents surveyed said they had experienced technical issues due to poor quality broadband since lockdown was first implemented.

https://www.irishexaminer.com/business/companies/arid-40049354.html