In efforts to encourage foreign direct investment, Ireland has set up business immigration programs that allow investors and entrepreneurs permission to stay in Ireland.
Moving to Ireland comes with the legal responsibility to pay taxes to the Irish authorities. Liability to taxation depends on the residency status you hold.
Capital Acquisition tax in Ireland includes both gift tax and inheritance tax. The tax is chargeable on inheritance or gifts—and all properties located within Ireland. It is also applicable where the giver or receiver is resident in Ireland for tax purposes even if the property concerned is not in Ireland.
Third party agents or internal company lawyers can help firms with applications for the Charitable Status. As a general rule, the particular Irish enterprise has to undergo incorporation as a Company Limited by guarantee before proceeding with the Charitable Status request.
The General Data Protection Regulation (GDPR) accounts for data protection across all European Union territories. The GDPR is complimented by the law enforcement Directive that sets data protection standards in regards to criminal offenses and the res[ective penalties in case of a breach.
The GDPR and the law enforcement Directive have brought about much-needed changes to the legislature surrounding data protection. As a result, more stringent measures have been established to ensure organizations which handle personal data hold more responsibility for their practices.
PAYE taxpayers may find themselves with an overpayment of tax or an underpayment of tax due to various circumstances. It is important to know where you stand in regards to PAYE tax payments in case your tax credits are being calculated incorrectly or there is a discrepancy with your tax payments.
