OSK Blog

New Electronic Tax Clearance Certificate from 1st January 2016

As announced in the Finance Act 2014, a new electronic Tax Clearance (eTC) will be introduced from the 1st of January 2016. This means that Tax Clearance Certificates issuing since the 1st of April 2015 have an expiry date of the 31st of December 2015.

iXBRL – Revenue Commissioners define meaning of Balance Sheet Value

As you probably know, the Revenue Commissioners require mandatory filing of iXBRL Financial Statements for Corporation Tax payers over a staged period...

Voluntary Strike Off – Important Companies Act 2014 Change!

The main change under Companies Act 2014 is that companies have to hold an EGM within 3 months before date of application for strike off resolving that they will apply for Voluntary Strike Off (a board minute would suffice under Companies Acts 1963 to 2013).

What tax relief are you getting on medical insurance?

Lifetime Community Rating (LCR) was introduced from 1 May 2015. From this date, anyone who takes out private health insurance at age 35 or over will pay a loading. It has been reported that 75,000 to 100,000 people signed up to new health insurance policies prior to 1 May 2015. Many of these individuals will be asking – what tax relief will I get on my health insurance?

Directors Loans - More Complications!

All Directors would be advised that formal written agreements be put in place for all directors’ loans, as the new Companies Act 2014 will adversely compromise informal directors’ loans.

OSK Contracting Open Day - Free Tax Consultation

OSK Contracting are offering a free tax consultation during our Open Day on April 15th & 16th.

An introduction to Revenue iXBRL filing

Finance Act 2012 amended S.884 Taxes Consolidation Act to extend the definition of a return to encompass financial statements required to be prepared under the Companies Act.

Change to UK capital gains tax rules re UK residential property

Companies Act 2014 Changes

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