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Forensic Services & Contractual Disputes
In today’s litigious environment, contractual disputes, as a cost of doing business, seem
inevitable. We can help you to recover losses or defend claims by providing robust
quantification of damages reports along with credible witness testimony. For more
information, please contact Donal Casey on (01) 792 6479 or Billy O’Riordan on (01) 792 8592.
Pictured (l-r): Roberto Sacasa, Donal Casey and Billy O’Riordan |
- Important financial dates
| Date |
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| 14 |
IT |
Payment of PAYE/PRSI deductions for July. |
| |
DWT |
Due date for payment and filing of returns of withholding tax on dividends paid by companies in July. |
| |
VAT |
Filing of Intrastat return for July. |
| 21 |
CT |
Company year-end 30 September 2008: Preliminary tax due, minimum 90% of total liability for the year.
Company year-end 30 November 2007: Payment of balance of corporation tax and filing of corporation tax return. |
| 28 |
CS |
Filing of Annual Returns dated 31 July 2008. |
| 31* |
CT |
Company year-end 28 February 2007: Close companies with undistributed profits may have to make a distribution by this date to avoid surcharge.
Company year-end 30 November 2007: Filing of “Return of third party information” (Form 46G). |
| |
CS |
Company year-end 30 November 2007: Final date for holding Annual General Meeting and latest possible Annual Return date for 2008. |
Abbreviations: CAT - Capital Acquisitions Tax, CGT - Capital Gains Tax, CS - Company Secretarial, CT - Corporation Tax, DWT - Dividend Withholding Tax, IT - Income Tax and PAYE/PRSI, Pens - Pensions, SD - Stamp Duty, VAT - Value Added Tax
*As this date falls on a weekend, it is advisable to take action on the immediately preceding working day. |
- Planning considerations
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Capital Gains Tax on gains accruing in the period 1 January 2008 to
30 September 2008 must be paid by 31 October 2008. Now is the
time to review your Capital Gains Tax position. You might consider
crystallising losses to shelter your gains. If you delay disposals until
after 30 September you can defer payment of tax.
- Remember that any balance of income tax due for the tax year 2007,
and preliminary income tax for 2008, must be paid on or before 31
October next.
- Did you know that skipping a generation and making gifts/legacies to
grandchildren may make use of further tax free thresholds?
- Make sure to claim the rent credit if you pay rent on residential
premises.
- Pension legislation requires trustees of most pension schemes to
invest their assets predominantly in regulated markets and so that
their assets are properly diversified. There is an exemption for singlemember
schemes. Do these rules have implications for your scheme?
- The F30 monthly return for Professional Services Withholding Tax is
required 14 days after each month end for all chargeable persons,
even where no relevant payments were made during that month.
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