The Back to Work Family Dividend (BTWFD) is a valuable support that helps parents transition from social welfare into employment — without losing all their benefits straight away. Whether you’re starting a new job or becoming self-employed, this scheme allows you to keep some child-related payments for up to two years. What Is the Back …
What Is the Back to Work Family Dividend and Who Can Get It? Read More »
Embarking on an entrepreneurial journey can be both exciting and challenging. To support budding entrepreneurs, several initiatives are in place: What Supports are Available when Starting Your Business Expanding Your Business As your business grows, scaling operations and entering new markets become priorities. The following supports can facilitate this growth: Enhancing Sustainability and Digital Transformation …
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Since January 1, 2024, employees in Ireland are entitled to 5 days of statutory sick pay annually, an increase from 3 days in 2023. This legal minimum, known as Statutory Sick Pay (SSP), ensures sick pay is provided by employers at 70% of normal pay, capped at €110 per day. While employers may offer more …
Hundreds of thousands of people are due tax refunds each year, but many are unaware of the tax credits and reliefs they’re entitled to. This means money that could go back into their pockets remains unclaimed. Here’s everything you need to know about claiming tax refunds yourself for the years 2022, 2023, and 2024, and …
From 1 January 2025, the national minimum wage in Ireland will increase to €13.50 per hour for employees aged 20 and above. This marks a notable change aimed at addressing the rising cost of living, but some argue it may not go far enough to make a significant impact on workers’ financial pressures. Minimum Wage …
Several significant tax changes will come into effect from 1 January 2025, aiming to provide relief for workers, families, and those with caring responsibilities. However, some critics argue that these measures may not sufficiently address the ongoing cost-of-living pressures. Below is a detailed breakdown of the changes. Tax Changes Effective January 2025 Income Tax Changes …
Minister for the Environment, Climate and Communications, Eamon Ryan TD; Minister for Finance, Michael McGrath TD; and Minister of State at the Department of Finance with special responsibility for financial services, credit unions and insurance, Neale Richmond TD, have unveiled a new low-cost Home Energy Upgrade Loan Scheme. The €500 million scheme, supported by the …
The Cabinet, has given the green light to a new law about pensions. This law aims to make it easier for people who work in private companies to save for retirement. It’s called the Automatic Enrolment Retirement Savings System Bill. Here’s what the bill means: This plan has been talked about by different governments for …
Are you eligible for the new Mortgage Interest Tax Credit? Here’s what you need to know: Mortgage Loan Requirements: Tax Obligations: Property Criteria: Paying Mortgage Interest for Others: Mortgage Interest Tax Credit Amount: Ensuring you meet these qualifications can help you claim the Mortgage Interest Tax Credit effectively. Who Qualifies for Mortgage Interest Tax Credit? …
Claiming Mortgage Interest Relief is easy. Just follow these steps: What You Need: For PAYE Taxpayers: For Form 11 Filers: Claiming as a PAYE Taxpayer: Claiming if You’re Self-Assessed: Following these steps ensures you claim Mortgage Interest Tax Credits hassle-free. Claiming Mortgage Interest Tax Credits If you want to receive a quote for a holiday …
