SlideShare a Scribd company logo
Well, we work alongside some great small and
medium businesses, both overseas and locally and
one of the main reasons people come to us is
because of Ireland’s company tax system. Why do
you ask?
There are several reasons:
1. The Irish tax system is different to most
jurisdictions.
2. CRO, Revenue IT systems are not very customer
friendly but as Accountants, we deal with them
regularly.
3. We save you time and clients avoid the chance of
getting hit with fines/penalties.
4. We can assist with the company set-up and
corporate obligations.
Firstly you must be registered and set up
on Revenue Online Services (also known
as ROS) This is the system you use to pay
any tax due under mandatory e-filing in
Ireland.
You calculate the preliminary tax by the
specified due date
3. Complete and file a CT1 Form and a
46G Form (Company) by the return filing
date
4. Pay any balance of tax due to Revenue.
A company must file its return and
pay any tax due nine months after
the end of the accounting period.
The company must make this
payment on or before the 23rd day of
the ninth month. Companies that fail
to pay and file electronically must
submit their return and pay any
associated tax. These companies
must pay this tax on or before the
21st of the month.
Small companies must pay their
preliminary tax in one
installment if they have a CT
liability of less than €200,000 in
their previous accounting period.
This must be paid 31 days before
the end of their accounting
period, and before the 23rd of
that month.
For more update , visit us
https://peakaccounting
solutions.ie

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Company Tax Returns

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  • 3. Well, we work alongside some great small and medium businesses, both overseas and locally and one of the main reasons people come to us is because of Ireland’s company tax system. Why do you ask? There are several reasons: 1. The Irish tax system is different to most jurisdictions. 2. CRO, Revenue IT systems are not very customer friendly but as Accountants, we deal with them regularly. 3. We save you time and clients avoid the chance of getting hit with fines/penalties. 4. We can assist with the company set-up and corporate obligations.
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  • 6. Firstly you must be registered and set up on Revenue Online Services (also known as ROS) This is the system you use to pay any tax due under mandatory e-filing in Ireland. You calculate the preliminary tax by the specified due date 3. Complete and file a CT1 Form and a 46G Form (Company) by the return filing date 4. Pay any balance of tax due to Revenue.
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  • 9. A company must file its return and pay any tax due nine months after the end of the accounting period. The company must make this payment on or before the 23rd day of the ninth month. Companies that fail to pay and file electronically must submit their return and pay any associated tax. These companies must pay this tax on or before the 21st of the month.
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  • 12. Small companies must pay their preliminary tax in one installment if they have a CT liability of less than €200,000 in their previous accounting period. This must be paid 31 days before the end of their accounting period, and before the 23rd of that month.
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  • 15. For more update , visit us https://peakaccounting solutions.ie