The document announces that, according to statements from Brendan Howlin T.D. and James Reilly, Minister for Children, free childcare will be provided from three years of age up until children are five and a half years old or start primary school, and that this new policy will take effect from September 1, 2016.
On Wednesday 16 March the Chancellor of the Exchequer, George Osborne, will deliver his second coalition-free budget speech setting out the Government's plans for the economy based on the latest forecasts from the Office for Budget Responsibility as well as any proposals for changes to taxation.
There is little doubt that the Chancellor will continue on his path of austerity, particularly in driving down Government overheads and closing tax avoidance loopholes to fulfil his aim of eliminating the deficit by the end of the decade, but there are challenges ahead. The extended honeymoon of close to zero inflation will end during 2016 and as the rate of inflation rises, the Bank of England Monetary Policy Committee is likely to follow suit by raising interest rates and businesses will need to factor this in when planning ahead.
Our tax partners and consultants will be analysing the measures taken in the Budget and we will be presenting our analysis and commentaries.
Workplace pension law has changed. Every employer has new legal duties to help their workers in the UK save for retirement. As an employer you must automatically enrol eligible workers into a qualifying pension scheme and make contributions towards it.
The largest employers have already gone through this process and increasing numbers of employers are affected by the legislation each month. At the peak in late summer 2017, around 135,000 employers are due to reach their compliance (staging) date every single month.
The duties required of each employer do not finish with this staging date. Continuous assessments, communications and record keeping have to be carried out every time you pay your workforce and make their pension contributions. The Pensions Regulator has introduced stringent penalties for failure to comply with the 30+ new Auto Enrolment duties introduced by the Government.
On Wednesday 16 March the Chancellor of the Exchequer, George Osborne, will deliver his second coalition-free budget speech setting out the Government's plans for the economy based on the latest forecasts from the Office for Budget Responsibility as well as any proposals for changes to taxation.
There is little doubt that the Chancellor will continue on his path of austerity, particularly in driving down Government overheads and closing tax avoidance loopholes to fulfil his aim of eliminating the deficit by the end of the decade, but there are challenges ahead. The extended honeymoon of close to zero inflation will end during 2016 and as the rate of inflation rises, the Bank of England Monetary Policy Committee is likely to follow suit by raising interest rates and businesses will need to factor this in when planning ahead.
Our tax partners and consultants will be analysing the measures taken in the Budget and we will be presenting our analysis and commentaries.
Workplace pension law has changed. Every employer has new legal duties to help their workers in the UK save for retirement. As an employer you must automatically enrol eligible workers into a qualifying pension scheme and make contributions towards it.
The largest employers have already gone through this process and increasing numbers of employers are affected by the legislation each month. At the peak in late summer 2017, around 135,000 employers are due to reach their compliance (staging) date every single month.
The duties required of each employer do not finish with this staging date. Continuous assessments, communications and record keeping have to be carried out every time you pay your workforce and make their pension contributions. The Pensions Regulator has introduced stringent penalties for failure to comply with the 30+ new Auto Enrolment duties introduced by the Government.
What does the budget means for you and your clients and, importantly, any tax planning opportunities for high net worth individuals and business owners.
Most observers do not believe that further curbs on public spending can reduce our debts to an acceptable level, thus suggesting that George will have to increase taxes in a way that will not hurt the average citizen. It also suggests that hopes of reforms that reduce tax yields are likely to prove unrealistic. In particular, an increase in the IHT limit (other than the promised limited relief for family homes) seems unlikely. We also expect further pain for non-doms and tax avoiders. We think that some tax relief for small businesses is likely, but as such businesses create scope for tax evasion and avoidance, we are sceptical as to how helpful these are likely to be in practice.
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Our Spring Tax Update will be taking place across the region between the 8th and 10th March 2017.
The update will include the following:
•An update on the latest HMRC consultations
•Analysis of the tax announcements in the 2017 Budget
•A review of the current property tax environment
•The latest on Making Tax Digital and interaction with cloud accounting
Our Spring Tax Update will be taking place across the region between the 8th and 10th March 2017.
The update will include the following:
•An update on the latest HMRC consultations
•Analysis of the tax announcements in the 2017 Budget
•A review of the current property tax environment
•The latest on Making Tax Digital and interaction with cloud accounting
In association with Devon and Somerset Law Society, PKF Francis Clark has recently completed the LMS DASLS survey for 2015 and we felt it timely to update you on the results of this, alongside a more general regulatory and taxation update.
PKF Francis Clark’s legal sector team is a leader in its field, with adept experience and skill. Acknowledged for its professionalism, integrity and depth of expertise, PKF Francis Clark advise over 100 law firms nationwide – from top 100 firms to sole practitioners.
2017 will likely see substantial changes to the US Tax Code. Currie & McLain explore the potential changes and their impact to business, individuals and estates.
A Presentation from a panel of experts including a Chartered Tax Adviser, a Chartered Wealth Manager, an Estate Planning Solicitor and our special celebrity guest speaker, BBC financial pundit and Co-Founder of Seven Investment Management, Justin Urquhart-Stewart. This event took place in Plympton on 11th October 2017
Power Up Your Business: NC Department of RevenueLady Bizness
Power Up Your Business is a Workshop created by Lady Bizness to expose business onwers and entrepreneurs to the experts in the state that provide up to date information to help your business be more successful.
You're in business, now what? You need resources to help your business grow. You want to make sure you cross all the T's and dot all the I's. You need help with taxes, formation, mentoring and marketing? Let us help you "Power Up Your Business".
Registration & Networking from 5:30 - 6pm
You will hear from the following organizations:
IRS: Federal Tax Law Compliance Tips | IRS.gov Resources | Business ID Theft | Employment Tax Issues
BLNC: Registering Your Business | Getting the Correct Licenses and Permits | Registering with Tax Organization | Learning about Compliance Issues for Your Specific Business
NCDOR: The basics of NC tax law compliance | Registering your Business | Employee Withholding | Sales and Use Tax Requirements | Programs for Businesses that have fallen behind
Our Budget Presentation slides from June 2010. Given David Smith\'s comments in the Sunday Times on 10 July 2011 I thought it was worth uploading this.
What does the budget means for you and your clients and, importantly, any tax planning opportunities for high net worth individuals and business owners.
Most observers do not believe that further curbs on public spending can reduce our debts to an acceptable level, thus suggesting that George will have to increase taxes in a way that will not hurt the average citizen. It also suggests that hopes of reforms that reduce tax yields are likely to prove unrealistic. In particular, an increase in the IHT limit (other than the promised limited relief for family homes) seems unlikely. We also expect further pain for non-doms and tax avoiders. We think that some tax relief for small businesses is likely, but as such businesses create scope for tax evasion and avoidance, we are sceptical as to how helpful these are likely to be in practice.
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Our Spring Tax Update will be taking place across the region between the 8th and 10th March 2017.
The update will include the following:
•An update on the latest HMRC consultations
•Analysis of the tax announcements in the 2017 Budget
•A review of the current property tax environment
•The latest on Making Tax Digital and interaction with cloud accounting
Our Spring Tax Update will be taking place across the region between the 8th and 10th March 2017.
The update will include the following:
•An update on the latest HMRC consultations
•Analysis of the tax announcements in the 2017 Budget
•A review of the current property tax environment
•The latest on Making Tax Digital and interaction with cloud accounting
In association with Devon and Somerset Law Society, PKF Francis Clark has recently completed the LMS DASLS survey for 2015 and we felt it timely to update you on the results of this, alongside a more general regulatory and taxation update.
PKF Francis Clark’s legal sector team is a leader in its field, with adept experience and skill. Acknowledged for its professionalism, integrity and depth of expertise, PKF Francis Clark advise over 100 law firms nationwide – from top 100 firms to sole practitioners.
2017 will likely see substantial changes to the US Tax Code. Currie & McLain explore the potential changes and their impact to business, individuals and estates.
A Presentation from a panel of experts including a Chartered Tax Adviser, a Chartered Wealth Manager, an Estate Planning Solicitor and our special celebrity guest speaker, BBC financial pundit and Co-Founder of Seven Investment Management, Justin Urquhart-Stewart. This event took place in Plympton on 11th October 2017
Power Up Your Business: NC Department of RevenueLady Bizness
Power Up Your Business is a Workshop created by Lady Bizness to expose business onwers and entrepreneurs to the experts in the state that provide up to date information to help your business be more successful.
You're in business, now what? You need resources to help your business grow. You want to make sure you cross all the T's and dot all the I's. You need help with taxes, formation, mentoring and marketing? Let us help you "Power Up Your Business".
Registration & Networking from 5:30 - 6pm
You will hear from the following organizations:
IRS: Federal Tax Law Compliance Tips | IRS.gov Resources | Business ID Theft | Employment Tax Issues
BLNC: Registering Your Business | Getting the Correct Licenses and Permits | Registering with Tax Organization | Learning about Compliance Issues for Your Specific Business
NCDOR: The basics of NC tax law compliance | Registering your Business | Employee Withholding | Sales and Use Tax Requirements | Programs for Businesses that have fallen behind
Our Budget Presentation slides from June 2010. Given David Smith\'s comments in the Sunday Times on 10 July 2011 I thought it was worth uploading this.
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Payroll legislation is constantly changing and keeping fully up to date can be challenging. Our Taunton payroll and auto enrolment manager, Kirsty Small, will present a comprehensive update and will guide you through all the recent legislative changes and those that will be coming up in the near future. She will also draw your attention to common problems and pitfalls that clients regularly need help and advice with.
Topics covered will include:
• Legislation changes – recent and to come
• GDPR
• Auto Enrolment – triennial review and update
• General update
• Apprenticeship levy
Create Wealth Through Tax for GPs (RCGP presentation Aug 18)Hannah Xu MAAT
1. The universal rules about tax
2. Maximizing Allowances
3. Saving money on childcare (please note rule change on Oct 18)
4. Sole trader vs limited company
5. When it is worthwhile to register a limited company for locum GPs
6. How to withdraw money from business tax efficient ways
7. Tax reduction strategies for £100k plus earners
8. Q&A
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Chancellor Philip Hammond’s first, and last, Spring Budget was delivered at a pivotal moment for the UK as it readies itself to begin the process of leaving the EU. The Chancellor will announce a second Budget in the Autumn as the Treasury changes to the new financial cycle from 2018.
To help you understand the Budget announcement, we have published our comprehensive presentation slides from our Budget events.
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
Our Spring Tax Updates will be taking place across the region in March 2018.
The update will include the following:
• Comment on the latest legislative changes
• Provide practical advice
• Help to prepare for the end of the tax year
• Give thoughts on the current tax policy
A presentation by the accounting firm of Dyke Yaxley LLC on the 2013 UK Budget given to the British American Chamber of Commerce Ohio in March 2013.
Reproduced and published by kind permission of Dyke Yaxley LLC
For more information, please visit www.baccohio.org
Payroll legislation is constantly changing and keeping fully up to date can be challenging. Our payroll senior manager, Eve Iunco, will present a comprehensive update and will guide you through all the recent legislative changes and those that will be coming up in the near future. She will also draw your attention to common problems and pitfalls that clients regularly need help and advice with.
This year, we will also be including a presentation from our Head of Cyber Security, Richard Wilding, who will provide an update on the latest ways to protect your business from cybercrime. This concise briefing will update you on the latest cyber scam trends and show you how you can act to protect your payroll and business data.
Topics covered will include:
Payroll update
•Legislation changes - recent and to come
•New student loan - postgraduate
•Payslip changes
•Right to work - potential risks
•General update
Cyber security briefing
•Current risks and threats
•ID theft
•CV/Employee history fraud
•GDPR
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Ian McMonagle The Business Journey_Nov2014Martin Jack
Research & Development Tax Relief
Ian McMonagle, Chartered Tax Adviser and Tax Director at Russell & Russell will outline some details on:
R&D Tax Relief available to innovative companies
Who can qualify and how to claim
Regulations, Acts, and everything else you need to know about payroll legisla...Softworld
Karen Thomson, Associate Director of Policy & Research, Institute of Payroll Professionals
Legislation now and for the future including: Heyday challenge and its implications for payroll; Scottish Arrestment Orders; agency workers; pension reforms.
A review of the 2017 Spring Budget and the impact it may have on individuals and businesses in the South West. Plus, an insight into HMRC's Making Tax Digital initiative.
Similar to WW BUSINESS NETWORK BUDGET 2016 SLIDES (20)
1. Budget - 2016
West Wicklow Business Network –
Wednesday 21 October 2015
MARTIN CRAUL & CO/ACAS CONSULTANCY
ASSURED EXPERTISE LOCALLY
Incorporated Public Accountants and Registered Auditors
2 Millbank, Blessington, County Wicklow. W91 W965
Telephone 045 891505 Fax 045 891507 E-mail mcraul@indigo.ie
Martin Craul AITI AIPA FAIA, dip. rural dev (UCD), dip. corporate law &
governance (Law Society)
2. Budget 2016 News
• Earned Income Tax Credit
• Home Carer Tax Credit
• Universal Social Charge Rate
Changes
• Home Renovation Incentive
Extension
• Employment & Investment
(EII) Changes
• Succession Farm Partnerships
• Agri-Tax Extensions
• LPT Valuation Delays
• Knowledge Development Box
• CT Start Up Extension
• Film Relief
• CGT Business Sale Relief
• CAT Category A change
• Relief for Micobreweries
• Cigarette Tax
• ATM Charge Changes
• Young Trained Farmer
Extension
• Commercial Motor Tax
• PRSI Tapered credit
3. Social Justice Ireland
• 375k people in constant
poverty
• 2015 – 1,400,000
experiencing deprivation
• 2008 – 614,000
experiencing deprivation
• One in six children/ one
in ten aged over 65 at risk
• Budget 2016 widens rich-
gap by €506 per year
• Minimum Wage 25%
below living wage €11.50
• While OAP increased by
€5 per week no Social
Protection increases for
those below poverty line
of €204.25 (Brian Harvey)
4. Income Tax Credits 2016
Credit Type
• Single Person Credit
• Married/Civil Partnership
• Employee Tax Credit
• Widowed Person/Civil P’ner
• Earned Income Tax Credit
• Earned Income Credit 2017?
• Earned Income Credit 2018?
Amount of Credit
• €1,650
• €3,300
• €1,650
• €2,190
• €550
• €1,100
• €1,650
5. Other Personal Tax Credits
Credit Type
• Incapacitated Child Credit
• Blind Person Individual
• Home Carer Credit 2015
• Home Carer Credit 2016
• H/C Income Threshold 2015
• H/C Income Threshold 2016
• Age Tax Credit
• Health Expenses
Amount of Credit
• €3,300
• €1,650
• €810
• €1,000
• €5,080
• €7,200
• €245/€490
• 20% Rate Allowed
6. EARNED INCOME T/C 2016
• COMPUTED AT 20% OF EARNED INCOME
• MAXIMUM TAX CREDIT €550
• INDIVIDUAL – PART TIME FIREMAN €7,000
• SELF EMPLOYED MECHANIC €25,000
• TAX CREDIT OF €1,400 ON THE JOB
• TAX CREDIT OF €250 FROM SELF EMPLOYED
• EITC + EMPLOYEE CREDIT NO MORE €1,650
7. UNIVERSAL SOCIAL CHARGE
2015
• Income to €12,012 – 1.50%
• Next €5,564 – 3.50%
• Next €52,468 – 7.00%
• Above €70,044 – 8.00%
• Non-Paye Earner – 3% extra
over €100,000 income
2016
• Income to €12,012 – 1.00%
• Next €6,656 – 3.00%
• Next €51,376 – 5.50%
• Above €70,044 – 8.00%
• Non-Paye Earner – 3% extra
over €100,000 income
8. Exempt/Reduced USC
2016
Individual not earning more
than €13,000
All Department of Social
Protection Payments
Income Already Subject to
Deposit Retention Tax
2015
Individual not earning more
than €12,012
Ditto
Ditto
10. THE TAX BANDS
Married/Civil P’ship One Income
€42,800 @ lower 20% Rate
Remainder @ 40%
Both with Incomes
€42,800 @ lower 20% Rate
€24,800 (max) @ 20%/Remainder
40%
Say main earner had €100k
and smaller earner had €15k,
€42,800 @ 20% + €15,000
@20%, remainer €42,200 @
40%
12. MARGINAL RELIEF CLAIMS
• SELF EMPLOYED INCOME €125,000
• Married, spouse works at home
• Engages carer for mother-in-law, cost €55,000
• Will be relieved at higher rate 40%
• Worth €22,000 off tax
13. LOW INCOME EXEMPTION
Applies to Income Tax Only
Related to Age, being 65 or over – Tax
Exemption @ 65/Bus Pass @ 66
Single Person – Exempt on €18,000 of income
Married/Civil Partners – Exempt on €36,000
Child 1 - €575 extra/Child 2 - €575 extra
Child 3 - €380 extra/Child 4 - €380 and so on….
No Change in Budget 2016
14. MARRIED INCOME €50,000
Income, Tax, USC, PRSI
Case I €50,000
Basic Tax @20% €8,560.00
Marginal @ 40% €2,880.00
USC 1.5% Rate €180.18
USC 3.5% Rate €194.74
USC 7% Rate €2,269.68
USC 5.50%
USC 8%
USC 3% S/C
PRSI 4% €2,000.00
Summary - 2015
Case I €50,000
Tax, USC, PRSI €16,084.60
Married T/C €3,300.00
Earned Income T/C
Home Carer €810.00
Take Home €38,025.40
Effective Deduction 23.95%
15. MARRIED INCOME €50,000
Income, Tax, USC, PRSI
Case I €50,000
Basic Tax @20% €8,560.00
Marginal @ 40% €2,880.00
USC 1% Rate €120.12
USC 3% Rate €199.68
USC 5.50% €1,723.26
USC 8% €
USC 3% S/C €
PRSI 4% €2,000.00
Summary - 2016
Case I €50,000
Tax, USC, PRSI €15,483.06
Married T/C €3,300.00
Earned Income T/C €550.00
Home Carer €1,000.00
Take Home €39,366.94
Effective Deduction 21.27%
16. MARRIED INCOME €125,000
Income, Tax, USC, PRSI
Case I €125,000
Basic Tax @20% €8,560.00
Marginal @ 40% €32,880.00
USC 1.50% Rate €180.18
USC 3% Rate €194.74
USC 7% €3,672.76
USC 8% €4,396.48
USC 3% S/C €750.00
PRSI 4% €5,000.00
Summary - 2015
Case I €125,000
Tax, USC, PRSI €55.634.16
Married T/C €3,300.00
Earned Income T/C
Home Carer €810.00
Take Home €73,475.84
Effective Deduction 41.22%
17. Married income of €125,000
Income, Tax, USC, PRSI
Case I €125,000
Basic Tax @20% €8,560.00
Marginal @ 40% €32,880.00
USC 1% Rate €120.12
USC 3% Rate €199.68
USC 5.50% €2,825.68
USC 8% €4,396.48
USC 3% S/C €750.00
PRSI 4% €5,000.00
Summary - 2016
Case I €125,000
Tax, USC, PRSI €54,731.96
Married T/C €3,300.00
Earned Income T/C €550.00
Home Carer €1,000.00
Take Home €75,118.04
Effective Deduction 39.91%
18. Supporting Entrepreneurs
• CGT Relief
• CT –Three Year Start-Up
• R & D Tax Credit
• Micro Brewery Excise
• Frg Earnings Deduction
• EII (BES)
• SURE (Seed Capital)
• Home Renovations HRI
• Restricted Shares
• Share Based Pay PRSI
• Low Rate ER PRSI IRL
• Listed Shares transfer
• Vat cash receipts
• 9% Vat tourist related
19. Knowledge Development Box
A company which has engaged in Research
and Development in Ireland and which earns
profits from patents or copyrighted software
resulting from that R & D can avail of tax relief
under the K.D.B to be taxed effectively at
6.25%.
Company therefore may have 12.50% and 6.25%
20. Research and Development
Likely to Qualify
• Natural Sciences
• Engineering & Technology
• Medical
• Agricultural Sciences
• Maths, computer sciences,
software; physical/chemical
sciences; earth sciences;
biological
• Civil Engineering; Electrical;
systems analysis
• Basic Medicine; Clinical
Medicine; Health Sciences
• Agri, Fishery, Forestry,
Horticulture; Vet Medicine
21. Non Qualifying R & D
Exclusions
• Social Science Research
• Routine Testing Analysis
• Cosmetic Alterations Existing
• Corrective Breakdown Remedy
• Legal and Administrative
• Other activities
• Market Research
• Prospecting
• Commercial and Financial
• Admin and General Support
Specifically
• Economic , Business Mng, Arts
• Analysis Quality/Quantity Co
• Even where some
improvement
• During Commercial Production
• Application; Records; Litigation
• Not Wholly & Exclusively
• Markets tests; Surveys
• Looking for Minerals or Gas
• Marketing Commercial
• Transportation, Storage,
Cleaning
22. Research and Development
The Entity
• Must be a company
• Within charge to CT
• Qualifying R & D activities
• Deduction only in Ireland
Qualifying Activities
• Be systematic, investigative or
experimental
• In a field of science or
technology
• Involve either basic research;
applied research; or
experimental development
• Seek achieve scientific or tech
advancement
• Resolution of scientific or tech
uncertainty
23. CT START UP RELIEF
The Relief
• Companies Incorporated
ager 14 October 2008
• Applies to CT and CGT in
first three years trading
• Exempting Tax Payable up to
€40,000 per year
• Linked to Employment
Creation
• Applies to New Trades Only
Applies to most activities but:
• Professional Services
Companies
• Land Dealing
• Petroleum, coal or minerals
• Acqaculture or agriculture
• Road Freight or Export
Activities
24. TAX RELIEF START UP COMPANIES
Section 486C TCA 1997 Rules
• Company Incorporated on
or after 14 October 2008
• Set-up and commence a
qualifying trade between 1
September 2009 and (now)
31 December 2016, and
• Have Corporation Tax
Liabilities which do not
exceed the specified levels
• Since FA 2013 no longer on
“use it or lose it” basis
The Details
• Not an succession to trade
already set up
• Activities not previously
carried on
• Not available
dealing/developing/oils
• Professional Service
Companies not eligible
• Watch associated
operations
25. Minimum Relief Start Up
Profits 31/12/16 €160,000
• Employee 1 €18,605/ER
PRSI €2,000
• Employee 2 €18,605/ER
PRSI €2,000
• Employee 3 €102,500/ER
PRSI €6,000
PRSI Restriction and Caps
• Normal CT Bill €20,000
• Employer PRSI, €2,000 +
€2,000 + €6,000 = €11,000
• Qualifying PRSI paid in the
accounting period €2,000 +
€2,000 + €5,000 (capped) =
€9,000
• Relief Available €9,000
• CT Payable €11,000
26. CT START UP – PRSI AHEAD OF CT
The Payroll Analysis
• Worker 1 €37,209/PRSI €4,000
• Worker 2 €37,209/PRSI €4,000
• Worker 3 €46,500/PRSI €5,000
• Worker 4 €37,209/PRSI €4,000
• Worker 5 €37,209/PRSI €4,000
• Worker 6 – On Jobs Incentive
• Worker 7 €18,605/PRSI €2,000
• Worker 8 €18,605/PRSI €2,000
• Qualifying PRSI €25,000
Profits 31/12/16 €160,000
• Normal CT Bill €20,000
• Qualifying PRSI (ER) €25,000
• Relief S486C €20,000
• CT Payable €Nil
• Maximum Relief Granted
27. Statement from Brendan Howlin T.D.
From now on children will be eligible for free childcare from three years of age
up until they are five and a half, or until they start primary school. According to
James Reilly, Minister for Children “from now on” means 1 September 2016.
Editor's Notes
Thank you for your invitation to address you on the Budget issues 2016 and for you interaction in the course of the discussions. Do please contact me for any matters of further clarifications. Martin Craul 045/891505 mcraul@indigo.ie s