O'Donovan Lavin


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22 06, 2018

Airbnb- Revenue crackdown & tax implications

By | June 22nd, 2018|Publications|Comments Off on Airbnb- Revenue crackdown & tax implications

Revenue have been issuing letters to homeowners who have been letting their property through Airbnb. These letters are covering the periods from 2014 through to 2016. Airbnb have been providing information to Revenue since 2015 so it will be a matter of time before the dreaded letter from Revenue arrives in the letterbox. There are [...]

19 10, 2017

Pay and File 2017

By | October 19th, 2017|Publications|Comments Off on Pay and File 2017

Revenue has confirmed an extension to the Revenue Online Service (ROS) return filing and tax payment date to Tuesday, 14th November 2017 for certain self-assessment Income tax customers. The extended date applies to customers who file the 2016 Form 11 return and make the appropriate payment through ROS for preliminary tax for 2017 and the [...]

19 10, 2017

Stamp Duty Relief for Farmers

By | October 19th, 2017|Publications|Comments Off on Stamp Duty Relief for Farmers

In Budget 2018 stamp duty increased on commercial transactions from 2% to 6%, this includes agricultural land. However, the Finance Bill which is due for publication shortly extended stamp duty relief to cover transactions within the family so liable to stamp duty at 1%. There are a number of conditions which must be met prior [...]

6 02, 2017

February 2017

By | February 6th, 2017|Publications|Comments Off on February 2017

Welcome to the February edition of our quarterly Newsletter. We would like to take this opportunity of wishing you every success for 2017. 2016 has demonstrated the resilience of Irish business. Strong growth continues with in excess of 20,000 new Irish Company start-ups that year. It should be noted however that 50% of the start-ups [...]

15 12, 2016

Christmas Greeting 2016

By | December 15th, 2016|Publications|Comments Off on Christmas Greeting 2016

12 10, 2016

Budget 2017

By | October 12th, 2016|Publications|Comments Off on Budget 2017

Minister for Finance, Michael Noonan, T.D. and Minister for Public Expenditure & Reform, Paschal Donohoe, T.D. today delivered their Budget speeches, in which they have laid out a number of measures aimed at “repairing the damage done to our economy in the past and to ensure that we can look forward to a new Ireland [...]

13 04, 2016

April 2016

By | April 13th, 2016|Publications|Comments Off on April 2016

Welcome to another edition of the O’Donovan Lavin quarterly Newsletter. The business outlook is improving and entrepreneurial activity is increasing. There remain however in our view barriers to increased activity in the SME Sector which need to be addressed by Banks and Government which we believe are hindering further growth and expansion. The Election is [...]

7 11, 2014

Submission of Financial Statements in iXBRL

By | November 7th, 2014|News|0 Comments

XBRL (eXtensible Business Reporting Langugage) is a language that allows the presentation of financial information in a computer readable format. This is achieved by tagging each piece of financial information with a label that identifies it in terms of standard accounting or tax concepts. Standard XBRL is presented as a series of tags and numbers. [...]

27 09, 2014

Corporation Tax & Annual Return Deadline

By | September 27th, 2014|Publications|0 Comments

Are you ready? Corporation Tax If you are trading as a Limited Company, then the Company must submit a corporation tax return nine months after the accounting year end. For example if your Company prepares its accounts to the year ended 31 December 2013, then the Company’ s corporation tax return will be due to [...]

16 08, 2014

Start Up Corporation Tax Exemption

By | August 16th, 2014|Publications|0 Comments

Statistics Over 1,500 Irish Company start-ups were formed last month – the highest for new companies in July since 2007. Company start-ups rose 11% (1,518) in July 2014 when compared to the same month last year (1,371) – this is an average of 49 new companies being formed daily last month. Corporation Tax Exemption New [...]